Examlex

Solved

The Extent to Which a Consumer Shows Outward Behavioral Signs

question 123

Multiple Choice

The extent to which a consumer shows outward behavioral signs and otherwise reacts obviously to emotional experiences is called emotional _____.


Definitions:

Salvage

The right of the insurer to the property where the insured is compensated for the loss.

Indemnity

The concept that distinguishes a contract of insurance from a wager.

Utmost Good Faith

A principle of insurance contracts that requires all parties to act honestly and not mislead or withhold critical information from one another.

Insurable Interest

An interest that would result in a loss on the occurrence of the event.

Related Questions