ASSIGNMENT 1 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 16 AUGUST 2024
, LML4805
Assignment 1
Semester 2 2024
Unique number:
Due date: 16 August 2024
Insurance Law
PREVIEW
QUESTION 1
1. Representation vs. Warranty
Representation: A representation is a statement of fact made by one party to
another to induce them to enter into a contract. It is about the truth of a past or
present fact at the time the contract is made. If a representation is false, it may
give rise to a claim for misrepresentation, potentially leading to rescission of the
contract or damages.
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