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Erikson's belief that the ego develops in a sequence,with each stage emerging from and being built upon a previous stage,illustrates the concept of
Concurrent Property Ownership
Ownership of property by two or more parties at the same time, where each party has an undivided interest in the whole property.
Subrogation
The legal process by which one party steps into the shoes of another party, to pursue their rights against a third party, usually in insurance claims.
Indemnity
A contractual obligation of one party to compensate the loss incurred by another party due to the acts of the indemnitor or any other party.
Incontestability Clause
A clause in insurance policies that makes the policy non-contestable after it has been in force for a certain period, except under certain conditions.
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