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Author Question: An insurable interest may arise when a party has sufficient economic interest in the transaction to ... (Read 55 times)

mwit1967

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on: Jun 24, 2018
An insurable interest may arise when a party has sufficient economic interest in the transaction to entitle it to insure the property involved.
  Indicate whether the statement is true or false

Question 2

When an anticipatory repudiation of a contract occurs, the non-breaching party may do any of the following except:
 A) do nothing and wait for performance per the contract.
 B) immediately declare a breach of contract.
 C) consider the repudiation as an offer to cancel the contract.
 D) immediately seek an injunction.


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aprice35067

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


mwit1967

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
Excellent

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