The person who makes the offer is called the and the...

Home / Commerce / Insurance / Question

Examveda

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

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