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4 Cards in this Set

  • Front
  • Back

What makes a valid contract

Consensus


Contractual capacity


Legality


Formalities


Possibility and certainty

What are the differences between indemnity and non indemnity insurance

Are formalities always necessary

Nope

What are the different types of insurance

Indemnity insurance aka non-life insurance. And non indemnity insurance aka capital insurance, life insurance