Question
An insurance company not licensed to do business within
a given state is called?Solution
Admitted insurance is insurance purchased from an insurance company that has been formally admitted or licensed to operate by the state insurance agency where the company operates. Admitted insurance companies are subject to various state laws that govern organization, capitalization, policy forms, rate approvals and claims handling, whereas non-admitted insurance companies are not subject to these regulations.
Which of the following best represents a core principle of natural justice in administrative law?
Which Section of the Indian Penal Code. 1860 deals with right to private defence of body and property?
On whom burden of proof lies?
Under which section of the LLP Act relationship of partners is discussed?
Which of the following can be included as a property of the partnership firm?
What does the principle of Res Gestaeunder Section 6 of the Indian Evidence Actstate?
Which of the following statement is true?
Plaint shall state precisely the amount claimed in all money suits except amount for________.
Who can initiate Corporate Insolvency Resolution Process as per IBC?
The rescission of a voidable contract may be communicated or revoked in the same manner, and subject to the same rules, as apply to the ________________
