Answer:
The transfer of risk is an essential tenant of insurance contracts. When you purchase an insurance policy, the insurance company will agree to indemnify you for a certain amount of loss in exchange for your payment of a set premium
Answer: you may be fined $200-$600
Explanation: ...
Explanation:
Held that Statutes of General Application are statutes that are applied by all civil and criminal courts and bind all citizens. ... In the case of Lawal vs Younan[3], the court decided that the Fatal Accident Act of 1846 and the Fatal Accident Act of 1864 are statutes of general application since they concern all citizens.