For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the main sources of new English Law?

• A.Case law.
• B.Legislation.
• C.Official law reports.
• D.International treaties.

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A person insures her own life under a life insurance policy but does so expressly for the benefit of another. To facilitate this, which type of arrangement is most commonly established?

• A.Coinsurance.
• B.Lien.
• C.Trust.
• D.Power of Attorney.

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Why may an insurer insert a continuing warranty into an insurance policy?

• A.To maintain the annual aggregate limit of liability throughout the policy period.
• B.To enable an insurer to charge an additional premium if the warranty is continually breached.
• C.To ensure that underinsurance is avoided at all times.
• D.To encourage good risk management by the insured throughout the policy period.

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How can an agency relationship be best described?

• A.A person has ratified another party's action.
• B.A person, who has paid another party under a contract, has the right to stand in the place of that other party and avail himself of the rights and remedies of that party.
• C.A person has transferred his obligations under a contract to another party.
• D.A person has the authority to act on behalf of another party.

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When a defendant deliberately destroys possessions belonging to someone else, he has committed the tort(s) of

• A.trespass to goods and conversion only.
• B.trespass to goods, conversion, nuisance and battery.
• C.trespass to goods only.
• D.trespass to goods, conversion and nuisance only,

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