Lml4805 study notes Study guides, Study notes & Summaries

Well-structured LML4805 EXAM PREPARATION PACK - DISTINCTION GUARANTEED. Contains recent exam questions and answers, and Summarised study notes. All you need to pass the OCTOBER NOVEMBER 2023 EXAMS

This pack contains • Exam and Assignment questions and ANSWERS • Study NOtes • Summary notes of the course material • lecturer's exam tips and examples • Helps you see what questions are likely to be asked, and how to answer them.

LML4805-Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in hi...

LML4805 - Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in ...

Study NOtes • Exam and Assignment Memo • Summary notes of the course material • lecturer's exam tips • Helps you understand exam structure and how to answer questions.

Study NOtes • Exam and Assignment Memo • Summary notes of the course material • lecturer's exam tips • Helps you understand exam structure and how to answer questions.

Study NOtes • Exam and Assignment Memo • Summary notes of the course material • lecturer's exam tips • Helps you understand exam structure and how to answer questions.

CONCEPT OF INSURANCE, INSURANCE CONTRACT AND INSURANCE LAW,INSURANCE IN ECONOMIC AND LEGAL SENSE, SOME CLASSIFICATIONS 1.1. INTRODUCTION: INCIDENCE, MANAGEMENT AND SPREADING RISKThe purpose of insurance is “spreading the risk” among various persons. 1.2. INSURANCE IN ECONOMIC AND LEGAL SENSE. INSURANCE CONTRACTAND INSURANCE LAW • An Insurance Contract can either be concluded voluntarily or imposed statutorily on the parties. • The main aim of the contract is “transference of th...

LML4805 SUMMARISED NOTES 2022/2023 UNIT 1 Diagrammatic Overview Study the diagrammatic overview for Learning Unit 1 that is attached to the study guide in Addendum A. Prescribed Study Material Study the diagrammatic overview in conjunction with the following prescribed study material for this Learning Unit:  Learning Unit 1 in the study guide  Reinecke et al, paras 1.1–1.59 Learning Activities  Visit the Schedule for the module-related study plan as well as important date...

LML4805 -Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in h...