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BUS323 Week 2 – Discussion 2

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Select two of the following and explain the significance of each in insurance contracts. Respond to at least two of your classmates’ postings.

 

  • Principle of indemnity
  • Principle of insurable interest
  • Principle of subrogation
  • Principle of utmost good faith
  • Distinct legal characteristics of insurance contracts

 

 
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