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What is included in a CPP’s Common Policy Conditions?
a. The location of the insured property and, in the case of removable personal property or of liability, in what territory or area the policy will cover a loss.
b. The conditions under which the separate sections will operate on a pro-rata basis
c. The legal obligations and duties of the insurer and the insured
d. The property, perils, and other hazards not covered by the policy or which have a reduction of coverage in the policy.
Answer: C
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