In All States,the Insured's Breach of Warranty Automatically Relieves the Insurer

question 8

True/False

In all states,the insured's breach of warranty automatically relieves the insurer of the duty to perform,regardless of whether the breached warranty was actually material to the insurer's risk.

---

Definitions:

Null Hypothesis

A hypothesis used in statistics that proposes no significant difference or effect between specified populations, conditions, or variables.

Type II Error

A Type II Error occurs in hypothesis testing when a false null hypothesis is not rejected, meaning a real effect or difference was missed.

Null Hypothesis

A statement used in statistics that suggests there is no significant difference or effect, serving as the default assumption to be tested.

Type I Error

The error of rejecting the null hypothesis when it is true, often referred to as a "false positive."