Question
Who among the following is the propounder of the
“pigeon- hole” theory?Solution
According to Salmond, “Tort is a civil wrong for which the remedy is a common-law action for unliquidated damages, and which is not exclusively the breach of contract, or, the breach of trust, or, other merely equitable obligation.” Pigeon Hole Theory- According to this theory, several unidentified offences and wrongful conduct would not come under the purview of liability in tort law.
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
In India _______________ insurance is mandatory.
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
Which of the following insurance is mainly used for leased cars?
Written words in a policy take precedence over:
Insurance companies that band together as self-insurers and form an organization that is chartered and licensed as an insurer in at least one state to h...
What are physical hazards in underwriting?
Identify the scenario where a debate on the need for insurance is not required.
GIC was ceased to be a holding company of its subsidiaries in which of the following year?