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Question 1 Locate Sections 646 and 647 of the Insurance Act, RSA 2000, Ch. 1-3. Which of the following does NOT indicate an insurable interest? Marked out of Select one: 1.00 P-FIng O a. Erin and Shannon lived together as a couple for several years, but have now been apart for even longer, and remain in a group of best friends Dunstion O b. The three shareholders of a very successful restaurant are respectively also the restaurant general manager, chef and events manager O o. Riley is a professional hockey player who pays 15% of earnings to a sports agent O d. Terry and Sid are receiving room and board for free from their cousin Jean while attending NAIT Question 2 Locate Section 540 of the Insurance Act. RSA 2000. Ch. 1-3 and refer to the Statutory Conditions which appear in it. On the happening of any loss or damage to insured property. Nat var the insured must:. andwared Marked out of Select one: O a. Deliver a proof of loss in respect of loss or damage to the insured property with the written statements of at least 4 witnesses to the damage or loss cianation O b. Deliver an oral statement in respect of loss or damage to the insured property describing the insured's knowledge of how any fire ignition damage originated O c. Deliver a proof of loss in respect of loss or damage to the insured property which is verified by statutory declaration O d. Deliver a proof of loss in respect of loss or damage to the insured property stating the interest of the insurer in that property Question 3 In the LawNow website find the article, "Mistake #4 in Starting a Small Business: Not Being Adequately Insured by Carole Aippersbach. Types of losses that may be covered by property insurance may include? Mankind out of Select one: a. An employee intentionally hitting your competitor's building with his truck O b Breach of intellectual property rights O o Loss of business income d. An officer of the corporation being responsible under the Environmental Protection Act in respect of spilled contaminants onto public property