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Author Question: Which of the following is true in relation to insurable interest? (Read 16 times)

SGallaher96

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on: Aug 7, 2021

Question 1

Environmental legislation is not concerned with which of the following?
◦ consumer protection
◦ contamination of the waterways
◦ depletion of natural resources
◦ pollution of the environment
◦ disposal of dangerous products and chemicals

Question 2

Which of the following is true in relation to insurable interest?
◦ Shareholders do not have a sufficient interest in the assets of a corporation to take out insurance on them and receive compensation if they are damaged or destroyed.
◦ If Mr. Cole takes out the proper insurance on his home and it burns down, he will be able to collect from the insurance company.
◦ If Chuck takes out insurance on his ex-wife's home and it burns down, he will be able to collect from the insurance company.
◦ If Joe has an insurable interest in property, he will likely enjoy an insurance windfall in the event of a loss of that property.
◦ If Sam arranges a comprehensive, all-risk insurance policy, this will guarantee that he holds an insurable interest in the insured property.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by SGallaher96 on Aug 7, 2021

amanda_14

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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SGallaher96

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Reply 2 on: Aug 7, 2021
Wow, this really help

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

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