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Author Question: If a person accepts the benefits of an unauthorized transaction, or fails to repudiate it, then he ... (Read 62 times)

fahad

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on: Jun 24, 2018
If a person accepts the benefits of an unauthorized transaction, or fails to repudiate it, then he is bound by the act as if he had originally authorized it.
  Indicate whether the statement is true or false

Question 2

The perils clause in a marine insurance contract covers which of the following?
 A) Explosion
 B) Pilferage
 C) Acts of war
 D) Jettison of the cargo during a storm


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kswal303

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

TRUE

Answer to Question 2

D


fahad

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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