____ Salor Categories Are Available by Default

question 49

Multiple Choice

____ salor categories are available by default.

• A) Six
• B) Seven
• C) Five
• D) Nine

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Definitions:

Insured

A person or entity covered under an insurance policy to receive compensation for losses or damages.

Insurable Interest

The stake in the value of an item, life, or event for which an insurance policy is purchased to mitigate the risk of loss.

Creditor

An individual or entity to whom money is owed by a debtor.

Security Interest

A legal claim on assets granted to a creditor to secure a debt or obligation, providing the right to take property upon failure to repay.