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Question
Ken obtains a property insurance policy from Loyal Insurance Company. Loyal may cancel, or refuse to renew, the policy because ofa. Ken's fraud with respect to the condition of the property only.
b. Ken's gross negligence with respect to the hazard insured against only.
c. Ken's fraud with respect to the condition of the property, or his gross negligence with respect to the hazard insured against.
d. nothing Ken does.
Answer
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Fact Pattern 41-1
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