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If Mr Olu insures Mr Obi's house, the insurer may, in event of a loss, refuse to ...


Question

If Mr Olu insures Mr Obi's house, the insurer may, in event of a loss, refuse to pay compensation based on the principle of

Options

A) utmost good faith

B) subrogation

C) insurable interest

D) indemnity

E) contribution

The correct answer is C.


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