Recognition is the measure of memory used on a test that requires matching terms with correct definitions.
<span>Mr. Gradgrind believes FACT is the key to all learning</span>
Restoring an insured to the same condition as before a loss is an example of the principle of Indemnity. The principle of indemnity makes sure that the insurance contract protects and compensates you for any loss, damage or injury. The objective of an insurance contract is to make you "whole" in case of a loss, not to allow you to make a profit. Thus, the amount of your compensation for damages is directly related to the amount of damages you actually suffered.
The principle of indemnity states that an insurance policy will not provide compensation to the policyholder in excess of their financial loss. This limits the benefit to an amount that is sufficient to recover the policyholder to the same financial position they were in before the loss.
Learn more about the Principle of Indemnity:
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To keep peace between the 5 warring Iroquois tribes,it helped combine their ideas and belief for a government system and most importantly to stand by each other so someone else did not invade them.<span />
The answer is it has a mixed economy
