A person insures her own life under a life insurance policy but does so expressly for the benefit of another. To facilitate this, which type of arrangement is most commonly established?
A. Trust.
B. Lien.
C. Coinsurance.
D. Power of Attorney.
正解:A
質問 2:
Dan made a financial arrangement on behalf of Liz. However, Liz had the arrangement set aside by the court on the basis that she had been unduly influenced by Dan. To establish undue influence, the court must have specifically identified Dan as
A. a person holding a dominant position over Liz.
B. a person holding a senior position at Liz's bank.
C. Liz's independent financial adviser.
D. Liz's husband.
正解:A
質問 3:
For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of an express term in reaching or recording an agreement?
A. It must be evidenced in documentary form.
B. It may be oral or in writing.
C. It may be implied by conduct.
D. It will usually override any implied term which conflicts with it.
正解:B,D
質問 4:
For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the main sources of new English Law?
A. Official law reports.
B. Legislation.
C. Case law.
D. International treaties.
正解:B,C
質問 5:
According to statute, a term under a consumer personal accident insurance policy may potentially be considered unfair if the insurer
A. provides coverage that is more restrictive than that of other insurers.
B. imposes a premium loading.
C. applies a specific exclusion within the policy wording.
D. requires notification of a claim within a very short time period.
正解:D
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