________ Refers to the Belief That the Practices of One's

question 84

Multiple Choice

________ refers to the belief that the practices of one's own country are best no matter where or under what conditions they are applied.

• A)Geocentrism
• B)Nationalism
• C)Parochialism
• D)Ethnocentrism

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Definitions:

Misrepresentation

The act of providing false or misleading information with the intention to deceive in a contractual agreement.

Indemnify

To compensate for loss or damage, or to guarantee protection against future losses.

Void Ab Initio

Describes a contract or agreement that is considered null from its inception, meaning it never had legal validity.

Insurable Interest

A stake in the value of an entity or event for which an insurance policy may be obtained to cover losses.