Q24. A married couple have equal shares in a property and are insured under a buildings insurance policy. What is the likely position in law of a breach of good faith by one party, which was unknown to the other party?

Q25. Who is entitled to the surplus if a subrogation recovery from a negligent third party is greater than the amount the insurer has paid to the insured?

Q26. Within what time period, from the date when the damage first began, does the owner of an office block have a right to sue the builder for negligent construction work?

Q27. For this question more than 1 option is correct. You must select all the correct options to gain the mark. Which special defences are available to the fort of libel?

Q28. A warranty in Emily’s personal travel insurance policy states that cash must be kept in a locked safe. Whilst on holiday, a storm destroys her hotel and its contents. When Emily completes a claim form for loss of money, she admits that her cash was NOT locked in the safe. What will be the insurer’s likely response to her claim for the lost money?

Q29. For this question more than 1 option is correct. You must select all the correct options to gain the mark. In a consumer insurance policy, a warranty can arise as

Q30. How can an agency relationship be best described?

Q31. Ambiguous terms in a household insurance contract are generally construed against the

Q32. A person insures her own life under a life insurance policy but does so expressly for the benefit of another. To facilitate this, which type of arrangement is most commonly established?

Q33. A claimant may possibly recover money transferred under an illegal contract when

Q34. What is the most common for of corporation?

Q35. Insurance agencies are usually created by way of

Q36. Adam was bitten by a stray dog in Africa. He washed his wound in a pond and a week later he became very ill with a high temperature. Initially, the local hospital treated him for malaria and later treated him for the fever following the dog bite. Adam died in hospital. What is the proximate cause of his death?

Q37. A professional indemnity policy includes a condition requiring that the insured must give prompt notice of any circumstance that could give rise to a claim. What type of condition is this?

Q38. John owns stock that he intentionally insured for £15,000, although the full value of the stock is £18.000. His insurance policy has no excess and is subject to a pro rata condition of average. In the event of water damaging
£6.000 of John’s stock, how much will the insurer pay for a valid claim after the application of average?

Q39. Which divisional court of the High Court includes a Commercial Court?

Q40. In terms of private motor insurance, a renewal offer can be accepted