Section A (1 Mark)The difference between a wagering contract and insurance contract is __________

AAFM CWM_LEVEL_2 Question Answer

Section A (1 Mark)

The difference between a wagering contract and insurance contract is ___________.

The insured has an insurable interest in the subject matter of insurance.

Money involved

Parties involved

None of the above

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Section A (1 Mark)The difference between a wagering contract and insurance contract is ___________.