Discuss the principles related to insurance contract offered
Course:- Business Law and Ethics
Reference No.:- EM131401100

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Law and Ethics

Business Law - Assignment


1. This assignment contains question that is set in English.

2. Answer in English.

3. Learners are to submit assignment only in MsWord (.docx) format unless specified otherwise. Please refrain from converting text / phrases into picture format such as .gif / .jpeg / print screen / etc.

4. Your assignment should be between 3,000 words to 5,000 wordsexcluding references. The number of words should be shown at the end of your assignment. Do not copy the assignment question and instructions to your answer.


This assignment is designed to evaluate students' understanding on the elements of a valid contract and to enhance students' ability to discuss the principles related to insurance contract and takaful contract.


Students have to answer ALL QUESTIONS and justify their answers with correct provisions under respective statutes, relevant precedents and case laws which connote to the correct answers.


"An agreement without consideration is void". (S.26 Contracts Act 1950)

Based on the above provision, discuss the consideration as one of the elements of a valid contract under the Malaysian law. By referring to the statutes and decided cases, compare the position of consideration between the Malaysian law and the English law.


Choose ONE insurance company and ONE takaful company in Malaysia. Compare and discuss the principles related to insurance contract offered by both companies. Support your discussion with relevant provisions from the Statutes.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Law and Ethics) Materials
Read the business ethics briefing, Tax Avoidance as an Ethical Issue for Business and answer all parts of the question below. The total word limit is 850. Drawing on insight
Al has a fiscal year ending in October. Beau has a fiscal year ending in June. Carina has a calendar year. They form the ABC partnership with the following interests in c
Discuss 3 advantages and/or disadvantages of using forensic tools during an investigation?  You may discuss any combination of advantages and disadvantages, but you must dis
prosecute him through the juvenile court system, which in your state will release him on his 19th birthday; waive him to adult court, which would net a longer sentence but wo
Two examples of laws designed to protect consumers are the Fair Debt Collection Practices Act and the Federal Food, Drug, and Cosmetic Act. What are your thoughts about why
How can not knowing the proper terminology affect you as you conduct criminal justice research? How will knowing these terms be an asset to you when evaluating and analyzing r
The partner in charge of a major strategy study for an important new client in the shipping business has asked Mapack to call low-level employees in competing shipping compani
Provide an explanation on the importance of proper interrogation techniques and the overall consequences to the entire department. In the explanation, provide examples that