a What are the duties of Agent?

(b) Vincent is employed as an insurance broker by XY Shipping Company. He buys insurance

for a ship owned by XY Shipping Company. The ship is destroyed by fire. XY Shipping

Company cannot get any money from the underwriters because the insurance policy

does not extend the insurance cover to any such damage. Vincent's omission to get such

a clause included in the contract is evidence of Vincent's negligence, for such clauses are

usually inserted in insurance obtained for ships. Advise XY Shipping Company which

wants to sue Vincent for its loss.