CII Examination element of M05 Insurance law - E05 FREE EXAM DUMPS QUESTIONS & ANSWERS
A claimant may possibly recover money transferred under an illegal contract when
Correct Answer: B
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According to statute law, an unfair term in a consumer insurance contract is defined as one which
Correct Answer: A
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A breach of warranty under the general law of contract legally entitles an injured party to
Correct Answer: C
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Bill owned a painting which was insured under a policy containing a first refusal clause. The painting was stolen and Bill's claim was settled, but several months later the painting was recovered by the police. As a consequence, what is Bill's position under his insurance policy?
Correct Answer: A
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Which divisional court of the High Court includes a Commercial Court?
Correct Answer: B
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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
Correct Answer: A,D
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