Examlex
Which of the following is NOT one of the processes in the SCOR model?
Negligence
The failure to exercise appropriate and or ethical ruled care expected to be exercised amongst specified circumstances, leading to harm or damage.
Collision
An event where two or more objects come together with force, often used in the context of motor vehicles.
Pro Rata Clause
A provision in a contract that allocates rights, obligations, or benefits proportionately among all parties involved.
Face Amount
The nominal or stated value of a financial instrument or insurance policy, due upon maturity or death.
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