Which of the Following Is Correct with Respect to the Meaning

question 67

Multiple Choice

Which of the following is correct with respect to the meaning of an insurable interest?

• A) An insurable interest means that the person causing the loss is required to show enough interest in what he is doing to be careful.
• B) The insurance company must have received a premium before it can be said to have an interest in the agreement and be bound to pay when a claim is made.
• C) The beneficiary or person receiving payment must have an ownership interest in the thing being insured.
• D) The person taking out the insurance contract must be in a position that he will suffer a loss equal to the amount claimed if the insured-against event occurs.
• E) This term describes when a person has taken out insurance on something.

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Definitions:

Clinical Manifestation

The display of symptoms or signs associated with a particular disease, observable during a medical examination.

Cognitive Impairment

A general term describing any characteristic that acts as a barrier to the thought process, including memory loss, difficulty in understanding, and poor judgment.

Orogastric Feedings

The administration of food or medicine directly into the stomach through a tube inserted via the mouth, often used for patients unable to eat normally.

Nipple Feedings

The process of feeding a baby or infant milk from a bottle or breastfeeding directly.