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LML4805 Assignment 1 (ANSWERS) Semester 2 2023 DUE DATE : 14th august 2023

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LML4805 Assignment 1 (ANSWERS) Semester 2 2023 DUE DATE : 14th august 2023 +068 for more assistance. The Assessment Questions follow below: 1. Good faith and insurable interest may be regarded as possible essential requirements of an insurance contract. Provide reasons why some commentators are of the view that good faith and insurable interest should not be regarded as essential requirements. Refer to relevant authority. (5) 2. Explain the similarities and differences between insurance contracts and wagering contracts and discuss how one can distinguish between them. (5)

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August 9, 2023
Number of pages
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Written in
2023/2024
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LML4805 Assignment 1 (ANSWERS)

Semester 2 2023

th
DUE DATE : 14 august 2023

Whatsapp +254740539068 for more assistance.




The Assessment Questions follow below:


1. Good faith and insurable interest may be regarded as possible essential requirements of an

insurance contract. Provide reasons why some commentators are of the view that good faith

and insurable interest should not be regarded as essential requirements. Refer to relevant

authority. (5)


2. Explain the similarities and differences between insurance contracts and wagering

contracts and discuss how one can distinguish between them. (5)

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