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1) Jack lives in Ontario and is moving to BC. He is selling all of his furnishings including his car. Jill sees the car up

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1) Jack lives in Ontario and is moving to BC. He is selling all of his furnishings including his car. Jill sees the car up for sale on Kijiji, and offers Jack the money he asked for, but also saying she would will try to get a loan from the bank. Jill picks up the car. A week later Jill says she did not get the loan and instead offers Jack to pay by installments. Jack wants the car back but Jill says they had a contract. Explain whether there was a contract in force or not 2) Juan has a good friend Carlos who lives down the street, who is recovering from a serious injury while skiing. Carlos is off work for a few months and his motorboat insurance policy is cancelled for non-payment of premium. Juan wants to use the motorboat and offers Carlos to add coverage for the boat under his own policy What is wrong with this scenario? Can Juan just add Carlos's boat to his own policy? ii ) How can Carlos make things acceptable to the insurance company? 3) Sanath has just moved to Canada and purchases a 1970 Ford Mustang for $50,000. He wants to buy Auto insurance for his vehicle, but knows that Automobile polices indemnify claimants on an Actual Cash value basis. He goes to his local broker for advice How would the broker advise Sanath with respect to obtaining Auto insurance

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