Johnson applied for fire insurance on his boat. He paid a premium and received a binder that stated: “This policy not effective until the property insured is inspected and the policy is approved by the company.” Before the policy was issued, the boat was destroyed in a fire. Can Johnson recover for the loss?
Answer to relevant QuestionsAbbott shot and wounded three men who were attempting to rob him in the subway of a large city. He had been robbed before in the same area and under the same circumstances. If convicted, do you think Abbott should be ...Vira, who lived in Virginia, was owed $ 80,000 by Caldwell, who also lived in Virginia. Vira sued in a state court to collect the amount due and won. Caldwell was unhappy with the decision and appealed to the highest state ...Edie and Florence went on a trip in Edie’s car, with Florence sharing the trip expenses. Florence was injured when Edie hit a tree after being blinded by sunlight. Is Edie liable for Florence’s injuries? On January 17, the Arleys purchased insurance on some property they owned in Nevada. At the request of their broker, the insurance company backdated the policy five days, making it effective January 12. The insurance company ...Bean signed an agreement to borrow $ 120,000 from Hazel. To protect Hazel, Bean was to insure his life with Hazel as beneficiary in an amount not less than the unpaid balance of the loan. Bean already had a life insurance ...
Post your question