Please answer:

1. (Norie owns a condominium unit presently insured with Marsians Insurance Company for P1 million. Norie later sells the condominium unit to Joel. Somehow, Joel fails to obtain the transfer of the insurance policy to his name from Norie. Subsequently, a fire of unknown origin destroys completely the condominium unit.

Who may collect the insurance?

2. Blanche took out a P1 million life insurance policy naming her friend and creditor, Dorothy as her beneficiary. When Blanche died, her outstanding loan to Dorothy was only P50,0000. Blanche's executor contended that only P50,000 out of the insurance proceeds should be paid to Dorothy and the balance of P950,000 should be paid to Blanche's estate.

Is the executor's contention correct? Reason out your answer.

3. Supposed Pirena constructed a house in 2007 at a cost of P200,000, which she insured against fire for the said amount. The policy for P200,000 was renewed every year. This year, when the said house was already P400,000, one-fourth of the house was destroyed by fire. How much can A recover from the insurer?

4. ABC Corporation (ABC) shipped onboard a vessel owned and operated by Ang Marinero Cargo Shipping Company (Marinero) seamless steel pipes from China to the Philippines. The shipment was insured with Puro Bola Insurance Corporation (Bola). Upon receipt of the shipment, it was found out that damages were incurred due to rusting caused by the entry of seawater on account of the defective drainpipe of the ship where said cargo was stored. ABC demanded compensation under the insurance contract.

May ABC recover from Bola under the circumstances? Explain