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Classifications by Function Includes All of the Following Except

question 30

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Classifications by function includes all of the following except


Definitions:

Intentional Wrongful Acts

Deliberate actions that are illegal or morally incorrect, committed with the understanding or awareness that they are wrong.

Insured

An individual or entity that is covered under an insurance policy receiving protection against loss or damage specified in the policy terms.

Maryland Casualty Company

A specific insurance company known for providing a range of insurance products and services.

Diminution in Value

A reduction in the worth or market value of property.

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