Question
Failure to disclose material facts can make the policy:
Solution
Explanation: Failure to disclose material facts can make the insurance contract voidable at the insurer's option.
N initiates a business, and after 3 months, D also becomes a part of the business. The initial investment of N and D is in the ratio of 3:2, respectivel...
A, B and C enter into a partnership, A invest X + 5000, B invest 3X + 8000 and C invest X + 10000 for one year if B share is 6250 from total profit of 1...
Akash invested some money in a venture for a period of 5 months. After 3 months of his investing, Brijesh invested some amount such that the ratio of in...
If a sum of money is to be divided among A, B, C such that Aβs share is equal to twice Bβs share and Bβs share is 5 times Cβs share then their s...
βAβ and βBβ started a business by investing certain sum in the ratio 10:13, respectively for 6 years. If 8% of the total profit is donated in an...
A and B together start a business with investment of Rs. 2500 and Rs. (x + 500), respectively. If the profit earned after 5 years is Rs. 8000 and share ...
βXβ invested Rs. 28000 in a business. βYβ joined after βxβ months with an investment of Rs. 12000 less than βXβ. If the ratio of the pro...
P started a business with an investment of Rs.15000, after 6 months Q joined him with Rs.18000 and after another 6 months R joined them with Rs.20000. I...
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3600 and after two more months C jo...
βAβ and βBβ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If βAβ invested his sum for only 8 months and the t...