Question

In: Operations Management

A false statement made by an applicant for insurance in direct response to an underwriting question...

A false statement made by an applicant for insurance in direct response to an underwriting question is an example of a

a.

breach of warranty.

b.

bailment.

c.

misrepresentation.

d.

concealment.

Solutions

Expert Solution

1. C. MISREPRESENTATION

Misrepresentation gives the understanding of deliberation of providing a false statement or account in order to gain something.


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