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List the four elements of a valid contract

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Reference no: EM13531952

List the four elements of a valid contract. What is the legal result if only three of the four elements are present?
Does actual cash value equal fair market value?
Explain the reasons for including exclusions in an insurance policy.
Briefly, does the tort liability system apply to automobile accidents?
Explain the difference between primary and excess coverage in automobile insurance.

Reference no: EM13531952

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