An Intoxicated Person Is Liable for the Reasonable Value of Any

question 17

True/False

An intoxicated person is liable for the reasonable value of any necessaries he or she receives.

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Definitions:

Title Insurance

Insurance that protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances, or defects in the title to the property.

Policy

A course or principle of action adopted or proposed by an organization or individual, often serving as a guideline for decisions.

Incontestability Clause

The incontestability clause is a provision in life insurance policies that limits the time within which the insurer can contest or challenge the validity of the policy, typically after it has been active for two years.

Disputes

Disputes are disagreements or conflicts between parties that can arise over differences in views, interests, or claims.