Household Appliance Corporation sells Ideal-brand vacuum cleaners to Jolly Discount Stores and other retailers. Household Appliance will have an insurable interest in the players as long as

Question

​Household Appliance Corporation sells Ideal-brand vacuum cleaners to Jolly Discount Stores and other retailers. Household Appliance will have an insurable interest in the players as long as

Quizplus · Accepted Answer

Household Appliance will have an insurable interest as long as they retain title to the goods. This means that they still have ownership and financial interest in the products, and would suffer a loss if they were damaged, destroyed, or lost in transit. The other choices (A, C, D) are not accurate because they do not necessarily impact Household Appliance's insurable interest in the goods.

​Household Appliance Corporation Sells Ideal-Brand Vacuum Cleaners to Jolly Discount

Household Appliance Corporation Sells Ideal-Brand Vacuum Cleaners to Jolly Discount