× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
ruthayak ruthayak
wrote...
Go to Answer
Posts: 580
Rep: 0 0
6 years ago
Insurable Interest. Claude and Mildred owned their home in Lexington and had a fire insurance policy on it. Claude and Mildred contracted with Benjamin to build a new home for them in exchange for cash and transfer of their present home. After conveying the home to Benjamin, Claude and Mildred continued living there and paid both rent and the insurance premium. The fire insurance policy was never assigned to Benjamin. While Claude and Mildred were still living in their old home, a fire damaged it. The insurance company would not pay, claiming that Claude and Mildred had no insurable interest in the property at the time of the loss. Discuss fully how a court will rule.
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
vbassvbass
wrote...
#1
Top Poster
Posts: 1133
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
This verified answer contains over 120 words.
1

Related Topics

ruthayak Author
wrote...

6 years ago
This helped my grade so much Perfect
loki1345
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ofsuahasiufhoas
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1708 People Browsing
 123 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1074
  
 1703
  
 2444
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Which 'study break' activity do you find most distracting?