Legal Principle – NBC Institute

BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

Question

An example of a contract of utmost good faith is a contract of:
A. Hire purchase
B. Companies
C. Sale of goods
D. Insurance
E. Accountants

Answer

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Tags: Contract, Good Faith, Insurance, Legal Principle
Level: Level 1

Topic: Law of Contract
Series: NOV 2011

BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

Question

Under insurance contract, which principle states that a person must stand to gain from the preservation of the subject matter or suffer loss from its destruction?
A. Insurable interest
B. Insurance credit rule
C. Cover note policy
D. Indemnity principle
E. Insurance payment policy

Answer

Find Related Questions by Tags, levels, etc.

Tags: Insurable Interest, Insurance Law, Legal Principle, Risk Management
Level: Level 1

Topic: Introduction to Law
Series: MAR/JULY 2020

BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

Question

An example of a contract of utmost good faith is a contract of:
A. Hire purchase
B. Companies
C. Sale of goods
D. Insurance
E. Accountants

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract, Good Faith, Insurance, Legal Principle
Level: Level 1

Topic: Law of Contract
Series: NOV 2011

BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Insurable Interest, Insurance Law, Legal Principle, Risk Management
Level: Level 1

Topic: Introduction to Law
Series: MAR/JULY 2020

Question Tag: Legal Principle

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BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

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Question Tag: Legal Principle

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BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

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BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

You're reporting an error for "BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law"

BL – Nov 2011 – L1 – SA – Q3 – Law of Contract

Identify an example of a contract of utmost good faith.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q3 – Law of Contract"

BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law

Question on identifying the principle that a person must have a financial interest in the subject matter of insurance.

You're reporting an error for "BL – MarJul 2020 – L1 – SA – Q16 – Introduction to Law"

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