Business Studies, asked by riyay, 2 days ago

Mohan mortgages his factory to Shyam and get loan from him. Shyam get it insured for fire. Which principle of insurance applicable here?
(a) Principle of Insurable Interest
(b) Principle of Utmost Good Faith
(c) Principle of Indemnity
(d) None of these

Answers

Answered by tithijain1116

0

Explanation:

A ) principal of insurable interest

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