{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-08-05T09:52:01.055Z","dateModified":"2024-08-05T09:52:01.055Z","typicalAgeRange":"11-18","educationalLevel":"AILET PhD","assesses":"Legal Studies - Contract Law","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Contract Law"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Legal Studies"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"AILET PhD"}],"name":"Quiz about Contract Law","about":{"@type":"Thing","name":"Legal Studies - Contract Law"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Contract Law","text":"The principle of balancing between losses and gains, by reason of death, to arrive at the amount of compensation is a general rule applicable to the following:}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

Life insurance contracts

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

Fire insurance

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Motor vehicle insurance

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Marine insurance

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Motor vehicle insurance

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (C): Motor vehicle insurance"}}}]}

The principle of balancing between losses and gains, by reason of death, to arrive at the amount of compensation is a general rule applicable to the following:

The Correct Option is C

Solution and Explanation

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