Post Utme Pan Atlantic University 2017 Commerce Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2017 Commerce Objective / Multiple Choice
Question 27 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • COMMERCE • objective

The 'principle of utmost good faith' in insurance means

Answer Options

Correct Answer A. the insurer must act in good faith towards the policyholder
B. the policyholder must act in good faith towards the insurer
C. both the insurer and policyholder must act in good faith
D. neither the insurer nor policyholder must act in good faith
Correct Answer
A
Correct Option:
the insurer must act in good faith towards the policyholder

About This Question

This is Post Utme Pan Atlantic University 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Commerce examination.

View More Post Utme Pan Atlantic University 2017 Commerce Questions More Post Utme Pan Atlantic University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support