Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4.1 Advise Jackson as to the various types of insurance which are available, and which type of insurance would be most suited to his needs.

image text in transcribed

4.1 Advise Jackson as to the various types of insurance which are available, and which type of insurance would be most suited to his needs. Jackson approaches an insurance company to indemnify his business. The insurance company requests that Jackson declare that he has all certification regarding the installation of gas cylinders, stoves and all electrical equipment in his shop. Jackson knows that he has not contracted certified gas installers, and has rather cut costs by doing the installation himself. He nonetheless states that he is in possession of the certificates. 4.2 You are required to evaluate the above scenario and discuss Jackson's actions in terms of the legal duties and implications which an insured bears upon taking out insurance. You are also required to cite the applicable case law. QUESTION FIVE Selena works at Jackson 's coffee shop as a singer. She performs every day from 5pm until 7pm. Selena also received a uniform with Jackson's shop information to wear during her performance. Selena was given a contract from Jackson for a period of 2 years, and she is often invited to join staff parties and social events which are hosted by Jackson. Selena submits invoices and charges VAT as she belongs to a closed corporation which has two (2) other people in it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Principles V4 0 And AME Engage

Authors: Joffe Parker

4th Edition

1926751728, 978-1926751726

More Books

Students also viewed these Accounting questions

Question

Describe your ideal working day.

Answered: 1 week ago