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Which one (1) of the following is NOT the subject of a Statutory Condition?
OA) Misrepresentation.
OB) Protection of the property after loss.
OC) Provisions for termination of the policy.
OD) Basis for determining the amount of premium.

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Step 1: Introduction:

Statutory Conditions in insurance policies are a set of minimum requirements that are established by law. They are designed to protect both the insurer and the insured, and they apply to all insurance policies in Canada. However, there are some things that are not covered by Statutory Conditions.

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