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2 Cards in this Set
- Front
- Back
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ABANDONEMENT CONDITION
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A condition often contained in property insurance policies that states that the insured can't adandon damaged property to the insurer and deman to be reimbursed for it's full value.
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ABSOLUTE LIABILITY
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Type of liability imposed by law on those participating in certain activities that are considered especially hazordous: a person involved in such operations may be held liable for the damages of another even though the individual was not negligent.
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