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Question
Verity Insurance Corporation issues a fire insurance policy to Worldwide Shipping, Inc., to cover its warehouses. Later, a dispute arises between the parties over the terms. If the terms are construed as ambiguous,a. a court will reform the policy.
b. the policy will be unenforceable.
c. the terms will be interpreted against Verity.
d. Verity will have to pay punitive damages.
Answer
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