Topic 17 - Types of financial protection 1 Flashcards
1
Q
Equitable right
A
Governed by the practice of equity, fairness . Indicates an agreement between the two parties that the policy has been given as a form of security.
Cemap2 > Topic 17 - Types of financial protection 1 > Flashcards
Equitable right
Governed by the practice of equity, fairness . Indicates an agreement between the two parties that the policy has been given as a form of security.