Question
As per section 150 of the Contract Act________ is bound
to disclose to the faults in the goods bailed, of which he is aware, and which materially interfere with the use of themSolution
Section 150.  Bailor's duty to disclose faults in goods bailed: The bailor is bound to disclose to the bailee faults in the goods bailed, of which the bailor is aware, and which materially interfere with the use of them, or expose the bailee to extraordinary risks; and if he does not make such disclosure, he is responsible for damage arising to the bailee directly from such faults.
A motor insurance cover note is valid for how many days?
What is the main role of an insurance underwriter?
Which of the following is NOT a key expense considered in premium calculation?
What is the purpose of a declaration policy? Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Which country is the first in the world to introduce the concept of Insurance Repository services?
The largest general insurance company in the world by revenue is:Â
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
Which of the following is insurable?
What is a coverage for bodily injury or property damage caused by an intoxicated person who was served liquor by the policyholder?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as?
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