why is it necessary to distinguish between indemnity insurance and capital insarance? 2.what is the distinction betweenindemnity

Fantastic news! We've Found the answer you've been seeking!

Question:

why is it necessary to distinguish between indemnity insurance and capital insarance?

2.what is the distinction betweenindemnity insurance and capital insurance?

3.the time when an insurable interest is required?

4.the legal basis of an insurable interest?

5.explain the similarities and differences between insurance contracts and contracts of suretyship,wagering agreements and motor vehicle warranties?

Posted Date: Jun 21, 2024 04:01 AM

See More Questions

Outdoor Manufacturers makes hatchets, knives, and other tools for use by campers and hikers. Its employees work in three departments: Machining, Polishing, and Assembling. In the Machining...
Utah Enterprises is considering buying a vacant lot that sells for $1.2 million. If the property is purchased, the companys plan is to spend another $5 million today (t =0) to build a hotel on the...
Now that she has accumulated a deposit of $100,000, Julie wishes to use this deposit and take out a housing loan to purchase a home. The home costs $600,000. The loan is to be repaid in equal monthly...
5. The picture to the left shows a bucket connected to a massless rope, which runs over a massless, frictionless pulley. A man standing inside the bucket pulls the rope downwards in order to raise...
Change is inevitable. A successful leader will understand the importance of putting the right teams together. How does it feel to work for an organization with a great guiding team, but the change...
You'll drop a ping pong ball and let it bounce up and down on the table. For the bouncing ball, the system will be defined as the ball + planet Earth. We care about dropping the ball and how high up...
explain the importance of patients as advocates in a hospital setting. Include the following information for patient advocacy in your response: the role of a patient advocate, the importance of a...
The Evolution of Leadership Definitions While many have a gut-level grasp of what leadership is, putting a definition to the term has proved to be a challenging endeavor for scholars and...
Draw, and carefully label the graphs listed below for a perfectly competitive industry. Hint: draw graph 1 on the left, and graph 2 on the right. . Graph 1: Market supply and demand. . Graph 2:...
Suppose the price of the underlying S = 35, E = 35, r = 10% = 0.10, and the price moves up or down by 25%. Show how the price movements can be calculated

why is it necessary to distinguish between indemnity insurance and capital insarance? 2.what is the distinction betweenindemnity

Question:

Expert Answer:

Students also viewed these law questions