Question:
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 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:
Updated On: Aug 5, 2024
- Life insurance contracts
- Fire insurance
- Motor vehicle insurance
- Marine insurance
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
The correct option is (C): Motor vehicle insurance
Was this answer helpful?
0
0
Top Questions on Laws of Contract
- Inference about the existence of the contract can be made from the letters, emails, and other correspondence between the parties. Pick the correct options:
- AILET LLM - 2025
- Legal Studies
- Laws of Contract
- Generally, time is not of the essence in contracts unless specified. Pick the correct option:
- AILET LLM - 2025
- Legal Studies
- Laws of Contract
- Pick the incorrect statement:
- AILET LLM - 2025
- Legal Studies
- Laws of Contract
- The following is not true about novation of contracts:
- AILET LLM - 2025
- Legal Studies
- Laws of Contract
- For an agreement without consideration to be valid under S. 25(3) of the Indian Contract Act, 1872 it is necessary that
- AILET LLM - 2025
- Legal Studies
- Laws of Contract
View More Questions
Questions Asked in AILET PhD exam
- Consider the following statements:
i. Libel is addressed to the eye.
ii. Slander is addressed to the ear.
iii. Slander is a criminal wrong. Choose the correct answer.- AILET PhD - 2025
- Law of Torts
- Consider the following Assertion [A] and Reasoning [R]:
[A] The Judge of a High Court is not a Government Servant.
[R] The relationship of Master and Servant between the Government and Judge would defeat judicial independence.
Choose the most suitable answer.- AILET PhD - 2025
- Constitutional Laws
- Appointing a person as director against the director of a company during his absence for a period of not less than three months from India is known as:
- AILET PhD - 2025
- Company Law
- Consider the following Assertion [A] and Reasoning [R]:
[A] Socialism is implicit in the preamble and directive principles of state policy under the Constitution of India.
[R] The term ‘economic justice’ denotes social and economic liberties of the people.
Choose the most suitable answer.- AILET PhD - 2025
- Constitutional Laws
- Which of the following statements regarding the application of Bharatiya Nyaya Sanhita, 2023 is NOT true?
- AILET PhD - 2025
- Criminal Law
View More Questions