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Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107 Exercise 17
Liesl purchased an insurance policy on her house. The policy stated that the insurance company was not liable for any damage to her house caused by vandalism or burglary. An arsonist burned down Liesl's house. Is the insurance company liable
(a) No, because arson is a form of vandalism.
(b) Yes, because arson is not a form of vandalism.
(c) Yes, because the language is ambiguous and should be interpreted against the insurance company.
(d) No, because the language is vague and should be interpreted against Liesl.
(a) No, because arson is a form of vandalism.
(b) Yes, because arson is not a form of vandalism.
(c) Yes, because the language is ambiguous and should be interpreted against the insurance company.
(d) No, because the language is vague and should be interpreted against Liesl.
Explanation
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Vandalism means an act of destruction of...
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
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