Which of the following statements about a warranty in an insurance contract is (are) true?

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Which of the following statements about a warranty in an insurance contract is (are) true?

I. It is part of the insurance contract.
II. Statements made by an insurance applicant are considered warranties rather than representations.

A) I only
B) II only
C) both I and II
D) neither I nor II

Answer: A) I only

Insurance

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