Question: Discuss the basic principles that the following cases establish: (i) Macaura v Northern Assurance Co. Ltd [1925] AC 619 (ii) Luguterah v Northern Engineering Co.

Discuss the basic principles that the following cases establish:

(i) Macaura v Northern Assurance Co. Ltd [1925] AC 619

(ii) Luguterah v Northern Engineering Co. Ltd [1972] 1 GLR 153

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