Inaccurate statements in proposal without any fraudulent intention are
A. Representation
B. Merely misrepresentation
C. Contributing statement
D. Offer by the party
Answer: Option B
Solution (By Examveda Team)
Inaccurate statements in proposal without any fraudulent intention are merely misrepresentation. There are three main types of misrepresentation, fraudulent, negligent, and innocent.Related Questions on Insurance
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