A document that embody the conditions and exceptions attached to the contract is

Assessment: JAMB UTME - Commerce - 2019 Subject: Commerce

Question 1 Report

A document that embody the conditions and exceptions attached to the contract is
Answer Details
A document that embodies the conditions and exceptions attached to the contract is the "policy." A policy is a legal contract between the insurer and the insured that outlines the terms and conditions of the insurance coverage. It specifies what is covered, how much is covered, and under what circumstances the coverage will be provided. The policy also lists any exceptions or exclusions that are not covered under the policy. In simple terms, the policy is the document that outlines the agreement between the two parties and lays out all the details of the insurance coverage.

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