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Mr. Lawal insured his warehouse against burglary but it was later gutted by fire...


Question

Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this implies that?

Options

A) the loss should be borne by the insurer

B) Mr. Lawal is liable only for half of the estimated loss

C) the insurer should make a consolation payment for the loss

D) the loss should be borne by Mr. Lawal

The correct answer is D.


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