BUSINESS LAW
17th Edition
ISBN: 9780357007594
Author: Mann
Publisher: Cengage Learning
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Chapter 3, Problem 9CP
Summary Introduction
Given situation:
Under fire insurance policy, Company V sued Company A. Company A applied for summary judgement on the basis that the confessions and the evidence found indicated a lack of insurable interest in Company V.
Company A gave ample evidence to conclude that Company V had no insurable interest in the burned building’s contents. Company V also given adequate evidence to put this fact issue in dispute.
To discuss: Judgement for Company V.
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