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Question
Sometimes, an insurer may retain an attorney to defend the insured in a liability case but can conclude later on, based on additional information, that it does not have the obligation to pay any damages that may be assessed against the insured as a result of the third party's claim. It can do so through a(n):
A. equity of redemption.
B. advance directive.
C. reservation of rights notice.
D. declaratory judgment.
Answer
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