help!!

Q1

a) BASIS ON WHICH THE INUSRANCE COMPANY CAN DENY PAYMENT OF THE CLAIM.

b) A LEGAL IS A SET OF RULES WHICH CAN BE DETERMINED IN A GIVEN LEGAL CASE

(i) Doctrine of outmost faith

(ii) Proximate cause

(iii) Res ipsa loquitar

(iv) Medical negligence

(v)Pharmacist liability

Q2.

EXPLAIN THE PRINCIPLE OF INDEMNITY .HOW DOES THE CONCEPT OF ACTUAL CASH VALUE SUPPORT THE PRINCIPLE OF INDEMNITY?

B) SEVERAL METHODS ARE AVAILABLE FOR HANDLING RISK .HOWEVER, CERTAIN TECHNIQUES ARE MORE APPROPIATE THAN OTHERS IN A GIVEN SITUATION .SHOULD RETENTION BE USED IN THOSE SITUATIONS WHERE BOTH LOSS FREQUENCY AND LOSS SEVERITY ARE HIGH?

Q3.EXPLAIN THE PRINCIPLE OF UTMOST GOOD FAITH.HOW DO THE LEGAL DOCTRINES OF REPRESENTATION, CONCEALMENT AND WARRANTY SUPPORT THE PRINCIPLE OF UTMOST GOOD?

b) DESCRIBE THE STEPS OF A RISK MANAGEMENT PROCESS AND IDENTIFY THE SOURCES OF INFORMATION THAT A RISK MANAGER CAN USE TO IDENTIFY THE LOSS EXPOSURE.

Q4

EXPLAIN THE MEANING OF AN INSURABLE INTEREST .WHY SHOULD AN INSURABLE INTEREST BE REQUIRED IN EVERY INSURANCE CONTRACT?

b) COMPARE AND CONTRAST AUTOMOBILE COLLISION AND WARS IN TERMS OF WELL THEY MEET THE REQUIREMENTS OF AN INSURABLE RISK

Q5

a)INSURANCE CONTRACTS HAVE DISTINCT LEGAL CHARACTERISTICS THAT DISTINGUISH THEM FROM OTHER CONTRACTS .EXPLAIN THESE CHARACTERISTICS.