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    Question

    What term applies to conditions that must be met before

    the insurerтАЩs obligations arise?┬а
    A Condition subsequent Correct Answer Incorrect Answer
    B Express condition Correct Answer Incorrect Answer
    C Implied condition Correct Answer Incorrect Answer
    D Condition precedent Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    A condition precedent is a condition that must be fulfilled before the insurer's obligations under the policy come into effect.

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