An Insurance Contract,though Transferring Existing Risk,is Legally Permissible and Valid

question 68

True/False

An insurance contract,though transferring existing risk,is legally permissible and valid contract.

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Definitions:

Co-workers

Individuals who share the same work environment and are employed by the same organization, but do not necessarily have the same job responsibilities.

Anglo Cultural Cluster

refers to a group of countries with cultural practices and values that are predominantly influenced by British heritage.

Assertiveness Orientation

A focus on the ability to express one’s opinions and needs in a confident and direct manner, often in the context of personal development or leadership training.

Gender Egalitarianism

The belief in or advocacy of equal rights, responsibilities, and opportunities for both genders, particularly in leadership and workplace settings.