The essentialia of a contract are those characteristics which distinguish it from other types of contracts. Which ONE of the following is an essentialia of the insurance contract?

Question

Answer

an undertaking by the insured to recover compensation only once.

Answer

an undertaking by the insured to give correct answers in the application form.

Answer

an undertaking by the insured to pay a premium.

Answer

an undertaking by the insured not to insure the same riskobject with other insurers.

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The essentialia of a contract are those characteristics which distinguish it fro...

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