In: Operations Management
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. |
1. C. MISREPRESENTATION
Misrepresentation gives the understanding of deliberation of
providing a false statement or account in order to gain
something.