4. When can a named insured waive his rights of recovery against another party? ...

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Accounting

4. When can a named insured waive his rights of recovery against another party?
a. It must be in writing prior to a loss.
b. Prior to a loss, but it does not have to be in writing.
c. Before and after a loss as long as it in writing.
d. It must be in writing prior to a loss; after a loss in writing but only for certain responsible parties.

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