Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 04, 2024

Because an insurance contract is a contract of utmost good faith, WHICH OF FOLLOWING? The insured has a duty to disclose material changes in risk

Because an insurance contract is a contract of utmost good faith, WHICH OF FOLLOWING?

The insured has a duty to disclose material changes in risk to the insurer.

The insured has a duty to disclose all changes in risk to the insurer.

The insurer has a duty to disclose all changes in risk to the insured.

The insured has no right to know of material changes in risk.

None of the above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

A Concise Introduction to Logic

Authors: Patrick J. Hurley, Lori Watson

13th edition

1305958098, 978-1305958098

More Books

Students also viewed these Law questions

Question

★★★★★

Wizard Companys costs were under budget by $100,000. The company is divided into North and South regions. The North Regions costs were over budget by $20,000. Determine the amount that the South...

Answered: 1 week ago

Question

★★★★★

Explain how capitalization of interest costs differs for enterprise funds as opposed to governmental funds.

Answered: 1 week ago

Question

★★★★★

96. Consider a large population of families, and suppose that the number of children in the different families are independent Poisson random variables with mean . Show that the number of siblings of...

Answered: 1 week ago

Question

★★★★★

In May, Rebecca's daughter, Isabella, sustained a serious injury that made it impossible for her to continue living alone. Isabella, who is a novelist, moved back into Rebecca's home after the...

Answered: 1 week ago

Question

★★★★★

You have recently graduated from a State University and have started your new job at Shay Consulting LLC. You have been given the following assignment. You are to present an investment analysis of a...

Answered: 1 week ago

Question

★★★★★

You are the financial director of WestCo Ltd, a company that is listed on the Alternative Exchange (AltX). Since listing on the exchange, the company has performed above market expectations and the...

Answered: 1 week ago

Question

★★★★★

Solve the following optimization problems. (c) min z = f(x) = ln(x+x+1) subject to x = R. (d) max z = f(x) = 1 e subject to x = R.

Answered: 1 week ago

Question

★★★★★

No matter where you are in the Americas, the place where you live has a history tied to its Indigenous Community whose land you live on or work on. Using the link above, do a search on your own...

Answered: 1 week ago

Question

★★★★★

You be The Arbitrator" Remember, you are the Arbitrator, or judge and must follow the contract and the facts presented. Fully explain your ruling. 4.How do "school voucher programs" threaten public...

Answered: 1 week ago

Question

★★★★★

A company has three production departments P, Q and R and two service departments M and C . Following details in respect of indirect expenses incurred are furnished for a month : Indirect labour Rs....

Answered: 1 week ago

Question

★★★★★

Using the data for Project S and Project T below, conduct an Incremental IRR Analysis. MARR is 10% per year. S T First Cost -50,000 -75,000 Annual Cost -9,300 -3,000 Salvage 5,000 8,000 Value Life 5 5

Answered: 1 week ago

Question

★★★★★

Annoyance about a statement that has been made by somebody

Answered: 1 week ago

Question

★★★★★

6. Develop a circular model, with positive and negative feedback loops, showing the relationships between the following critical variables:

Answered: 1 week ago

Question

★★★★★

Self-confidence

Answered: 1 week ago

Previous Question Next Question