Question

A factory owner that his stock of good insured but he hide the fact that the electricity board has issued him statutory warning letter to get his factory. wiring change later on the factory catches fire due to short circuit which principle is violated in the case. Explain.​

Answer 1

Answer:

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Explanation:

No, the factory owner cannot claim compensation from the insurance company since he has hidden the fact of statutory warning from the electricity board. He has violated the priciple of 'utmost good faith'.

Answer 2

Answer:

No, the factory owner cannot claim compensation from the insurance company since he has hidden the fact of statutory warning from the electricity board. He has violated the priciple of 'utmost good faith'.

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