Gig Shipping, which is based in Winnipeg, offered to deliver "anything, anywhere anytime." Rosie entered into a contract with Gig Shipping to send an antique phonograph from Portage La Prairie to Brockville.The phonograph was lost in transit.Rosie claimed the value of the phonograph under a policy that she had purchased from The Pas Insurance Co.Despite the loss, Gig Shipping feels protected from the effects of liability by a policy that it purchased from Brandon Insurance Co.Which of the following statements is most likely TRUE?
A) Gig Shipping can be held liable only if it deliberately or carelessly damages the phonograph.
B) If one insurance company is compelled to pay a benefit, the other could not possibly be compelled to pay a benefit.
C) The Pas Insurance Company sold a first part insurance policy.
D) Gig Shipping acted as a bailor.
E) Rosie purchased a third party insurance policy.
Correct Answer:
Verified
Q34: Tamika rented a warehouse from Lester.During the
Q35: As used in the text, the word
Q36: If property is lost or damaged during
Q37: Chinthaka received a widget from Melissa.A true
Q38: Chasya rented a widget from Alec.During the
Q40: A bailment was created between Owen and
Q41: Just before the Labour Day weekend, Aimee's
Q42: Dominion Carriage Inc (DCI) is a common
Q43: As defined in Chapter 16, a "licence"
A)is
Q44: The concept of an insurable interest
A)is aimed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents