An Insurable Interest Is the Right to Insure the Goods

question 7

True/False

An insurable interest is the right to insure the goods against any risk exposure such as damage or destruction.

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Definitions:

National Assembly

A legislative body, often in a revolutionary context, representing a nation's populace and having the authority to enact laws and make decisions for the public good.

Civil Rights

The rights of citizens to political and social freedom and equality, often protected under the law against discrimination or oppression based on race, religion, sex, and other statuses.

Protestants

Followers of Protestantism, a branch of Christianity that originated with the Reformation in the 16th century, emphasizing the authority of the Bible and justification by faith alone.

Jews

An ethnoreligious group originating from the Israelites or Hebrews of the ancient Near East, adhering to Judaism.