Question
When a borrower opts for an insurance policy in
connection with a loan, it is a case of _______Solution
When a borrower opts for an insurance policy in connection with a loan, it is common for the lender to require the borrower to assign the insurance policy to the lender. This means that the borrower transfers the rights and benefits of the insurance policy to the lender as security for the loan. This assignment serves as additional collateral for the loan, providing the lender with a claim on the insurance proceeds in the event of a claimable event. Therefore, the loan opted insurance policy is associated with the case of assignment.
Which of the following characteristics describes an ideal operational amplifier (op-amp)?
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Which of the following is NOT an example of abstraction?
Which are types of system design
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Predict the output for below code in python
X=true
Y=false
Z=false
if not X or Y :
print(“first case”)
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