Use examples to explain the difference between third-party insurance and first-party insurance.

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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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Question Posted: Feb 20, 2019 10:44 AM

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Use examples to explain the difference between third-party insurance and first-party insurance.

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Liability insurance is called third party insurance because it involves three parties The insured pu...View the full answer

Managing the Law The Legal Aspects of Doing Business

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