Question

‘A’ holds almost all shares except one in a Timber company and he was a substantial creditor also. ‘A’ insured the company’s timber in his own name. Timber having been destroyed by fire, he claims compensation from the insurance company. Will he succeed? Give Reason.

Answer 1

Explanation:

Definition of succeed. intransitive verb. 1a : to come next after another in office or position or in possession of an estate especially : to inherit sovereignty, rank, or title. b : to follow after another in order..........................