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    • Question

      Contingencies outlined in an insurance policy is

      called?
      A Product Liability Correct Answer Incorrect Answer
      B Pure Risk Correct Answer Incorrect Answer
      C Provisions Correct Answer Incorrect Answer
      D Proximate Clause Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      A provision is a stipulation in a contract, legal document, or law. Often the stipulation requires action by a specific date or within a specified period of time. Provisions are intended to protect the interests of one or both parties in a contract.

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