Question
Which of the following is not true? Admissions:
Solution
Admission is not conclusive proof of the fact admitted as it is a piece of prima facia evidence only. But it may operate as an estoppel. S. 31 of the Indian Evidence Act says that admissions are not conclusive proof of the matter admitted, but it may operate as an estoppel The Supreme Court in Banarasi Das vs. Kanshi Ram, 1963 said, ‘it is a weak type of evidence, and the court may reject it if the contrary is proved.’
Which of the following terms is NOT associated with insurance?
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A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
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