Ted owns an auto parts store. In exchange for a premium discount from his insurer, he promised that no cash would be kept on the premises overnight and that two guard dogs would patrol the grounds at night. Ted's promises were incorporated into the insurance contract. His promises are:
(a) representations
(b) warranties
(c) waivers
(d) expressed powers
Ans: (b) warranties
Business
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Indicate whether the statement is true or false.
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