Question: ANSWER Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35205-BUSINESS LAW - I e E JGi JAIN 221VMCRO0177 BALWINDER SINGH DANG SEMED TO BE UNIVERSITY

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Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35205-BUSINESS LAW - I e E JGi JAIN 221VMCRO0177 BALWINDER SINGH DANG SEMED TO BE UNIVERSITY Subject : 21VMC35205-BUSINESS LAW - I Exam Start Time : 30/11/2024 02:00 PM Duration : 200 Minutes Show Palette 9. Jones owned an insurance policy on her life, on which she paid all the premiums. Smith was named the beneficiary. Jones died and the insurance company refused to pay the insurance COMPLETE proceeds to Smith. Will an action by Smith against the insurance company for the insurance proceeds be successful? O A. Yes, will be successful because Smith is a third-party donee beneficiary. O B. Yes, will be successful because Smith is a proper assignee of Jones' rights under the insurance policy. O C. No, will be unsuccessful because Smith was not the owner of the policy. O D. No, will be unsuccessful because Smith did not pay any of the premiums. 2024 @ JGIAnveshana. Design & Develop by JGIAnveshana Type here to search Fi ENG 14:17 US 30-11-2024 10

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