Which of the Following Is a Sufficient Condition for Courts

question 54

Multiple Choice

Which of the following is a sufficient condition for courts to allow reformation in a written insurance policy?

• A)The insurer's misunderstanding about a contract term
• B)The insured's misunderstanding about a contract term
• C)A fraud committed by the insurer
• D)An increase in the market value of the insured property

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Definitions:

Group Cohesiveness

The extent to which members of a group support and validate one another while working to achieve a common goal.

Formal Dress

A style of clothing that adheres to specific cultural or social codes, often worn for ceremonies, formal events, or professional settings.

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.