Well-structured LML4805 Assignment 1 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). 1. Good faith and insurable interest may be regarded as possible essential requirements of an insurance contract. Provide reasons why some commentators are of the ...
LML4805
Assignment 1 Semester 2 2023
Unique Number: 238588
Due Date: 14 August 2023
QUESTION 1 (2 answers provided)
Some commentators argue that good faith and insurable interest should not be regarded as
essential requirements of an insurance contract due to the following reasons:
Practicality: The requirement of good faith can be difficult to define and prove, making it
subjective and open to interpretation.
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