When does a buyer have an insurable interest in goods?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
A buyer has an insurable interest in goods the moment they are iden...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Business Law Today The Essentials Text and Summarized Cases
ISBN: 978-1305574793
11th edition
Authors: Roger LeRoy Miller
Question Posted:
Students also viewed these Business Law questions
-
1. Lucas has bought the following insurance this week: I. A life insurance policy on his brother II. A life insurance policy on the partner in his accounting practice III. A fire insurance policy on...
-
Did Tims have an insurable interest in the building?
-
Scarola purchased an automobile for value and without knowledge that it was stolen. After he insured the car with Insurance Company of North America (INA) the car was stolen once again. When INA...
-
The graph of g consists of two straight lines and a semicircle. Use it to evaluate each integral. (a) g(x) dr (b) g(x) dr (c) () di y=g(x)
-
Consider the following fluids at a film temperature of 300 K in parallel flow over a flat plate with velocity of 1 m/s: atmospheric air, water, engine oil, and mercury. (a) For each fluid, determine...
-
Describe an example of a coordination failure problem.
-
Green Spaces Make Kids Smarter A recent article claims that "Green Spaces Make Kids Smarter." The study described in the article involved 2,623 schoolchildren in Barcelona. The researchers measured...
-
Kemper Company plans to issue 6% bonds on January 1, 2011, with a par value of $1,000,000. The company sells $900,000 of the bonds on January 1, 2011. The remaining $100,000 sells at par on March 1,...
-
Mountain Air Limited manufactures a line of room air purifiers. Management is currently evaluating the possible production of an air purifier for automobiles. Based on an annual volume of 1 0 , 0 0 0...
-
Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint per year. Current annual production is 10 million cans. Fixed...
-
When and where does title pass?
-
What does "good faith" mean under the UCC?
-
The following information is available for Huntley Corporation's pension plan for the year 2017: Instructions (a) Calculate pension expense for the year 2017, and provide the entries to recognize the...
-
PART 1 (30 marks Total)Purchasing Styles, there are 2 very distinct purchasing styles today. One is Public Sector Government based known as the Broader Public Purchasing System and the other...
-
Fat-E is under constant pressure to improve their products. In particular, reducing weight allows for better performance. Fat-E's design team has found a potential new supplier of the gear mechanism...
-
1) Traditionally supply chain management was considered as a back-office function. In the future it will be more about delivering a great customer experience. How will the supply chain of the future...
-
Sales and Operations Planning at Elkay Manufacturing: A Case Study BACKGROUND Elkay Manufacturing Company, founded in 1920, is an international designer, marketer, producer, and distributor of sinks,...
-
In reflect on a type of unethical behavior a purchasing agent might be exposed to and how a purchasing agent might apply a Biblical Perspective to that situation. Do you believe a purchasing agent...
-
Identify some of the financial statement items for which ASPE is different from IFRS.
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
If Chelene knew about the problem with the walls but did not know that the house was structurally unsound, could she be liable for negligent misrepresentation? Why or why not? Chelene had been a...
-
Can Marta avoid the contract on the ground that both parties made a mistake about the condition of the house? Explain. Chelene had been a caregiver for Martas eighty-year-old mother, Janis, for nine...
-
Why did the court in this case consider Dr. Markworths misdiagnosis a bilateral mistake rather than a unilateral mistake?
-
What effect does an antagonist drug have over the receptors ?
-
Read this article on the differences and Comparisons between UNIX and LINUX http://www.diffen.com/difference/Linux_vs_Unix, then do some research and post your thoughts on each of the systems. Based...
-
Assume that in 2023, Bobby had a vacant lot that was given to him as a gift from his father that had an FMV of $40,000 and an adjusted basis of $15,000.
Study smarter with the SolutionInn App