Misrepresentation on an Insurance Application Is a Ground for Canceling

question 4

True/False

Misrepresentation on an insurance application is a ground for canceling the policy.

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Definitions:

Personal Goals

Individual objectives or aspirations that one strives to achieve, which can motivate behavior and guide actions.

Realistic Group Conflict Theory

A theory suggesting that intergroup conflict arises from competition over limited resources or conflicting goals.

Common Goals

Shared objectives or purposes that unite individuals or groups in their efforts.

Desired Resource

An asset, material or immaterial, that individuals or organizations strive to obtain in order to fulfill specific needs or objectives.