BUSINESS ADMINISTRATION
BUSINESS LAW
Question
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While taking a life insurance policy, in reply to questions by the insurance company during the inquiry into his proposal, Zameer deliberately concealed the fact of his medical treatment for a serious ailment, which he had undergone only a few weeks ago.
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The act of Zameer did not amount to fraud, as disclosing the fact would have resulted in exposure of his privacy.
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The act of Zameer amounted to innocent misrepresentation.
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The act of Zameer did not amount to any misrepresentation.
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The concealment of fact by Zameer amounted to fraud.
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Explanation:
There is 1 question to complete.