Glen signs a release, Business Law and Ethics

Glenda has taken a household insurance on her classic Queenslander home in North Queensland.  At the time of application, the insurer "URINSURED" asked various questions regarding the house containing questions about the structure, location and existing damage.  
In response to these questions, Glenda responded that the house had no existing damage.  Though, Glenda had lastly claimed on a past policy on water damage sustained by cyclone activity.  

Ten months after containing the policy Glenda suffered damage to her roof resulting from a tree branch.  

Required:

1 Advise Glenda whether he will able to rely upon her insurance policy for relief.

2. Suppose that the insurer "URINSURED" agrees to cover Glenda in the mentioned circumstances and Glen signs a release, describe to Glen whether he will be able to make any future claims in relation to this incident under the insurance policy.

3. Suppose the insurer knows about the inherent risks associated with cyclone & storm activity in Northern Queensland would the duty of disclosure still apply?

Posted Date: 3/18/2013 4:10:55 AM | Location : United States







Related Discussions:- Glen signs a release, Assignment Help, Ask Question on Glen signs a release, Get Answer, Expert's Help, Glen signs a release Discussions

Write discussion on Glen signs a release
Your posts are moderated
Related Questions
In 2004 the Corporations and Markets Advisory Committee proposed that assets and liabilities of companies be aggregated and creditors paid from a common pool which is commonly refe

Question 1: "Defining the problems of society and ensuring that they are placed on the governmental agenda constitutes the most important stage of policy making process." Discu

Variation of class rights: It is only necessary to follow the variation of class rights procedure (and a dissenting minority can only apply to the court for cancellation)  if

Ratification - Law of Agency and Partnership However this is the adoption or confirmation through a person of a contract previously entered in through another.  Well

Requirements of Registration of Hire Purchase Agreements Each Hire purchase Agreement must will in the English language It have be delivered to registration with

Holder or Other Holder in Due Course The holder of a bill of exchange who that does not come within the statutory definition of such a holder in due course holds that the bill

Define the non-state actors Besides the efforts of ILC in defining a link between the state responsibility and non-state actors, some UNSC resolutions have tried to define the

Determine the concept of credibility Let us make it clear that credibility of a policy and that of a policy maker are two different things. Institutional constraints may make a

MERGER ACCOUNTING: It may happen that, during a "take-over" of one company (A) by another company (B), shares in the latter company are issued to shareholders of the former co

Officials defended China's efforts to stop rampant copying of movies and other goods, saying Thursday that 4,322 people had been convicted of product piracy last year and promising