Examlex
An insured's lack of an insurable interest is an absolute defense against payment.
Abstraction
The process of reducing complexity by focusing on the essential characteristics of something, often used in art and programming.
Non-Material Production
The creation of services, ideas, or experiences rather than physical goods.
Fitness Maximization
An evolutionary biology principle where organisms are believed to evolve in ways that maximize their genetic fitness or ability to reproduce successfully.
Selective Management
A strategy in management focusing on prioritizing and targeting resources and efforts on key areas or activities to maximize effectiveness and efficiency.
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