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Which of the Following Applies to an Insurable Interest in Goods

Question 45

Multiple Choice

Which of the following applies to an insurable interest in goods?


A) Buyers have an insurable interest in goods the moment they pay for the goods.
B) Buyers have an insurable interest in goods the moment they get the title to the goods.
C) Sellers have an insurable interest in goods till the risk of loss is with them.
D) Sellers have an insurable interest in their goods as long as they have title to the goods or a security interest in them.

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