Examlex
Which of the following is a special-purpose knowledge based information system that accomplishes specific tasks on behalf of its users?
Incontestability Clause
A provision in an insurance policy that makes the policy non-contestable after it has been in force for a certain period, usually two years, except under certain conditions.
Arbitration Clause
A provision in a contract that requires disputes to be resolved through arbitration rather than court litigation.
Multiple Insurance Policies Clause
A provision in insurance that addresses coverage and claims handling when the insured has more than one policy covering the same risk.
Emancipation
The legal relinquishment by a child’s parents or guardian of the legal right to exercise control over the child. Usually, a child who moves out of the parents’ home and supports himself or herself is considered emancipated.
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