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The person who makes the offer is called the _________ and the person who accepts the offer in an insurance contract is called the _________

A. Offerer, Acceptor

B. Insurer, Insured

C. Proposer, Insured

D. Proposer, Insurer

Answer: Option D

Solution(By Examveda Team)

The person who makes the offer is called the Proposer and the person who accepts the offer in an insurance contract is called the Insurer.

This Question Belongs to Commerce >> Insurance

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