If an exclusion clause is ambiguous,a court will not read it down to ensure it retains its commercial purpose.
Correct Answer:
Verified
Q17: Which of the following statements about the
Q18: A party insured under a general insurance
Q19: What governmental organisation regulates insurance companies' business
Q20: The doctrine of subrogation:
A)is limited in its
Q21: Subrogation applies to all contracts of insurance.
Q23: Life insurance policies are treated as ongoing
Q24: With respect to indemnity,the value of the
Q25: Claudia insures the contents of her house
Q26: Carla insures her residence for $300,000 when
Q27: In what circumstances can an insurer cancel
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