2.
An increase in the chance of loss
4.
The reduction in value of an asset
5.
Tangible damage to property
7.
A person in a position of financial trust
8.
A true statement to the insured's knowledge
9.
Transfer of the right of recovery
10.
The failure to act as a prudent person
11.
The result of a waiver that prevent getting a right back
12.
A loss that is the result of a direct loss
14.
A contract where only one party make a promise
15.
Part of a contract taking on financial responsibility
16.
The who, what, where, when, how much are covered
17.
Composed of the offer and acceptance
18.
Lists the named perils covered by the policy
19.
Rules, obligations, and clauses of the contract
20.
Lists what items are not covered by the policy
21.
A contract with unequal exchange
22.
Ambiguous language is ruled for the policyholder