A Person Can Insure Anything, Even If He or She

question 23

True/False

A person can insure anything, even if he or she does not have an insurable interest in it.

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Definitions:

Business Expansion

The process of growing a business either through increasing the customer base, entering new markets, or adding new products and services.

Smartphone Manufacturer

A company engaged in the design, production, and marketing of smartphones.

General Assembly

A term that can refer to a deliberative body of members, notably within organizations or multinational entities, tasked with making key decisions.

Yearly Sessions

Regularly scheduled gatherings that occur once a year, typically for planning, assessment, or legislative purposes.