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Miranda is a majority shareholder in a tea company.In order to protect the company's tea plantation from fire, she intends to insure the tea plantation

Miranda is a majority shareholder in a tea company.In order to protect the company's tea plantation from fire, she intends to insure the tea plantation on her own behalf and not on behalf of the company. Advise Miranda whether she has the right to do so. Your answer should be supported with one relevant case law.

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