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Which of the following is a contract that involves one party which indemnifies another when a loss arises from an unknown event?
Options
A) Insurance policy
B) Indemnification agreement
C) Loss contract
D) Warranty arrangement
Answer: A) Insurance policy
The above question Which of the following is a contract that involves one party which indemnifies another when a loss arises from an unknown event?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
