Question

In: Finance

A waiver is: Select one: a. A condition in property insurance b. A condition found only...

A waiver is:

Select one:

a. A condition in property insurance

b. A condition found only in life insurance

c. A condition found in both life and property insurance

d. The intentional abandonment of a known right

Solutions

Expert Solution

A waiver is the voluntary relinquishment or surrender of some known right or privilege, thus the answer is:-

d. The intentional abandonment of a known right


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