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bigcaat bigcaat
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7 years ago
A's building is insured by B Co. under a standard policy that covers all loss occasioned by fire. A's business is not doing well, and A figures that if his building is destroyed by fire, he can put part of the insurance proceeds into his business to keep it running. One evening, A starts a fire in his building that subsequently destroys it. In this case,
a. the insurance company is bound to pay the proceeds of insurance to A.
b. the insurance company is not bound to pay the insurance proceeds at all.
c. the insurance company is not bound to pay the proceeds of insurance to A, but must pay it to A's family.
d. the insurance company is bound to pay the insurance proceeds to A's business.
e. none of the above
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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bigcaat Author
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7 years ago
Thank you, thank you, thank you!
logbi
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Yesterday
this is exactly what I needed
avance37
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2 hours ago
You make an excellent tutor!
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