Question
A clause that allows the transfer of rights under a
policy from one person to another, usually by means of a written document is called?Solution
An assignment is the transfer of an individual's rights or property to another person or business. For example, when an option contract is assigned, the option writer has an obligation to complete the requirements of the contract. If the option was a call, the writer would have to sell the underlying security at the stated strike price. If it was a put, the writer would have to buy the underlying security at the stated strike price.
Statement:
Only a few Banana is Guava.
Some Guava is Leopard.                           Â
Some Leopa...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements: Â Â some record are folder.
                             No folder is a data.
     ...
In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of...
Statements:
Only male are boy
Some male are man
At least some man are old
Conclusions:
I. Some boy being old is a...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements: No swan is a penguin.
                         Some penguins are kingfisher.
Conclusions: I. Some s...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements: Hands # Leg Arms % Leg Ear & Leg Eyes # Ear
Conclusions:
I. Hands % Arms
II. Eyes ≤ Ear
III. Arms $ Ear
IV. Eyes & Hands
Statements:
Only a few Bottle is Cold
All Cold are Weather
Some Water are Weather
Conclusions:
I. All Bottle be...