Which of the Following Is Required by Provincial Law to Have

question 46

Multiple Choice

Which of the following is required by provincial law to have insurance for liability arising from its ownership, use, and operation?

• A) a laundromat
• B) a car wash
• C) an automobile owner
• D) a product manufacturer

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Definitions:

Method of Payment

This refers to the way in which a payment is made for a transaction, which can include cash, credit card, cheque, or electronic transfers.

Single Delivery

Refers to the process where all goods under a contract are delivered at once, rather than in separate instalments.

Installments

Payments made over time in parts or fractions towards settling a total debt or purchase price.

Commercial Impracticability

A doctrine under which a party may be released from a contract due to unforeseen and hardship-causing events that make the contract's performance infeasible.