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      Question

      An agreement between an insurance company and an agent,

      granting the agent authority to write insurance from that company is called?
      A Affirmative Warranty Correct Answer Incorrect Answer
      B Aggregate Limits Correct Answer Incorrect Answer
      C Aleatory contract Correct Answer Incorrect Answer
      D All-Risk Agreement Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      An affirmative warranty is a statement regarding a fact at the time the contract was made.

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