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Situation in which the same risk is insured by two overlapping but independent insurance policies. It is lawful to obtain double insurance, and the insured can make claim to both insurers in the event of a loss because both are liable under their respective polices. The insured, however, cannot profit (recover more than the loss suffered) from this arrangement because the insurers are law bound only to share the actual loss in the same proportion they share the total premium. Also called dual insurance
Admission can be:_________.
What is the punishment for mischief?
1. The person engaged in the formation of company are known as________________.
Which of the following is Principals duty towards an Agent?
Compensation for accusation without reasonable cause can be granted by magistrate under ________________ of CrPC
Intentional omission to give information of offence by a person legally found to inform is dealt under section:
What are the conditions for the admissibility of electronic records as evidence?
Ankit, a tradesman, leaves goods at Sushil’s house by mistake. Sushil treats the goods as his own. Sushil _______________
When is theft a robbery?
How should a payment be applied when neither party makes an appropriation as per the Contract Act?