Without an Insurable Interest, There Can Be No Enforceable Insurance

question 70

True/False

Without an insurable interest, there can be no enforceable insurance contract.

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Definitions:

Constructionist Perspective

A theoretical viewpoint that considers reality and social phenomena as constructed through social processes, language, and cultural practices.

Positivist Perspective

A sociological approach that considers society to be a complex system whose parts work together to promote solidarity and stability, emphasizing empirical, scientific methods to study social phenomena.

Leniency

The act of being more merciful or tolerant than expected, often applied in judicial sentences or disciplinary actions.

Labeling Perspective

A sociological perspective that examines how societal labels, once applied, affect individuals' self-identity and perceptions by others, often leading to a self-fulfilling prophecy.