It’s important to know how things worked before, so then if we know how they work, we could change it or leave it the way it is. Sometimes what worked back then doesn’t work now.
Answer:
because they are very small in size
A deductible is a sum of loss from which the insurance policy expressly excludes coverage.
What do you mean by insurance contract?
In a legal document called as an insurance contract, the agreement between an insurance provider and the insured is laid out. Every insurance transaction is centered around the insuring agreement, which specifies the risks covered, the policy's limits, and the length of the policy.
What type of contract is an insurance policy?
One party only makes an enforceable guarantee in a unilateral contract, which is referred to as such. When it comes to making a legally binding commitment to pay covered claims, the insurer alone establishes unilateral contracts that make up the majority of insurance policies.
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Answer:
American colonists felt suppressed and unfairly treated by British rule, so when we broke away from that we shaped our society with the goal of freedom and independence. we did not want to feel like we did under British rule, and we wanted to be and be seen as greater
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Answer:
Inflation means there is a sustained increase in the price level. The main causes of inflation are either excess aggregate demand (AD) (economic growth too fast) or cost push factors (supply-side factors). So, the government needs to release information on changes so people know these important factors.
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