Question
What is the term for an insurance contract, usually in a
standard form, between the insurer and the insured (policyholder), outlining the legally required claim that the insurer must pay, with an initial payment referred to as what?Solution
An insurance policy is a contract (usually a standard form contract) between the insurer and the insured, known as the policyholder, which sets out the claim that the insurer is legally required to pay. In lieu of initial payment, it is known as Premium.
Statements:
Some medals are sports.
All the sports are games.
Conclusions:
I. Some medals are games.
II. No sport is medal
Statement:
Only Metal is Bronze
Some Metal are not Gold
All Gold are Diamond
 Conclusion:         Â
...
Statements:
All M are K.
All K are J.
All L are J.
No L is a P.
Conclusions: Â Â Â Â Â Â Â Â
I. No K is L...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Statement:
Only a few mothers are father.
All fathers are daughter.
No daughter is son.
Conclusion:
I. Some mother can never be son.
II. No father is son.
Statements :
Only a few Boat are Ship
Some Ship are River
All River are Fish
Conclusion :
I. Some Boat are Fish
Statements:
Only a few Auctions is Sales.
Only a few Costs is Auctions.
No Cost is Inventory.
Conclusions:
Statements: Â
All gold are silvers.
All silvers are diamonds.
Some diamonds are ruby
No ruby is silver.
Conclusion...
Statements:All hotels are buses.
Some buses are cars.
All cars are trams.
Some trams are clouds.
Conclusions:I. Some trams a...
In the question below are given four statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true ...
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