Author Question: An insurable interest may arise when a party has sufficient economic interest in the transaction to ... (Read 125 times)

mwit1967 · **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.