Q22. For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of a corporation aggregate?

Q23. Why may an insurer insert a continuing warranty into an insurance policy?

Q24. A property policy contains a condition regarding prompt loss notification. If the insured fails to comply with this condition, in practice, the insurer is likely to

Q25. For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the main sources of new English Law?

Q26. A breach of warranty under the general law of contract legally entitles an injured party to

Q27. Tim is a local insurance broker. He has authority to receive premiums for a personal lines insurer and earns commission from the insurer for sales. Paul, an elderly customer, asked Tim for advice regarding his personal insurance requirements and to assist with completing the proposal form for household insurance. In these circumstances, who, if anyone, is Tim’s principal?

Q28. According to statute, a term under a consumer personal accident insurance policy may potentially be considered unfair if the insurer

Q29. What are the main objectives of the principle of insurable interest?

Q30. When a defendant deliberately destroys possessions belonging to someone else, he has committed the tort(s) of

Q31. For this question more than 1 option is correct. You must select fill the correct options to gain the mark. In what circumstances would an agency agreement be automatically terminated?

Q32. A riot results in a shop being damaged and the shopowner’s insurer settling the claim. A subrogation right enabling the insurer to sue the police authority arises under

Q33. For this question more than 1 option is correct. You must select all the correct options to gain the mark. In a consumer insurance policy, a warranty can arise as

Q34. For this question more than 1 option is correct. You must select ail the correct options to gain the mark.
In what circumstances does the Fires Prevention (Metropolis) Act 1774 require insurance companies to ensure that claims monies are used to rebuild or reinstate buildings destroyed or damaged by fire?

Q35. Within what time period, from the date when the damage first began, does the owner of an office block have a right to sue the builder for negligent construction work?

Q36. For this question more than 1 option is correct. You must select all the correct options to gain the mark. Which special defences are available to the fort of libel?

Q37. The branch of law particularly relevant when handling negligence claims is

Q38. In what circumstances is abandonment automatic under a marine hull insurance policy?

Q39. In terms of private motor insurance, a renewal offer can be accepted