Which one (1) of the following is NOT the subject of a Statutory Condition in a Property policy? Policy termination provisions. Misrepresentation. Method of settling disputes in valuation of losses. Co-insurance provisions. L

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section5.4: Buying And Operating A Vehicle
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Which one (1) of the following is NOT the subject of a Statutory Condition in a
Property policy?
Policy termination provisions.
Misrepresentation.
Method of settling disputes in valuation of losses.
Co-insurance provisions.
Transcribed Image Text:Which one (1) of the following is NOT the subject of a Statutory Condition in a Property policy? Policy termination provisions. Misrepresentation. Method of settling disputes in valuation of losses. Co-insurance provisions.
Hari purchased a brand new car, and in two months he has an at-fault accident
with a third party vehicle. The car was taken to a repair shop and Hari was
provided with a rental car. How long can Hari keep the rental car?
As long as his car is in the repair shop.
As long as he wants to drive the rental car.
Determined by the limit on the OPCF 27 endorsement.
Determined by the limit on the OPCF 20 endorsement.
Transcribed Image Text:Hari purchased a brand new car, and in two months he has an at-fault accident with a third party vehicle. The car was taken to a repair shop and Hari was provided with a rental car. How long can Hari keep the rental car? As long as his car is in the repair shop. As long as he wants to drive the rental car. Determined by the limit on the OPCF 27 endorsement. Determined by the limit on the OPCF 20 endorsement.
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