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A Fire Insurance Policy Is Assignable Without the Insurer's Consent

question 12

True/False

A fire insurance policy is assignable without the insurer's consent because the policy "runs" with the insured property.


Definitions:

Pie Chart

A circular chart divided into sectors, each representing a proportion of the whole.

Proportion

The fraction or percentage of a total that is accounted for by a specific group, characteristic, or outcome.

Business School Graduates

Individuals who have completed a degree program at a business school, typically specializing in business administration or management.

Frequency Distribution

The representation, often in a table or graph, of the number of times each value appears in a set of data.

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