Commercial Law, 2012 Bar — Question 32

MULTIPLE CHOICE

X is the common law wife of Y. Y loves X so much that he took out a life insurance on his own life and made her the sole beneficiary. Y did this to ensure that X will be financially comfortable when he is gone. Upon the death of Y, - A) X as sole beneficiary under the life insurance policy on the life of Y will be entitled to the proceeds of the life insurance. B) despite the designation of X as the sole beneficiary, the proceeds of the life insurance will go to the estate of Y. C) the proceeds of the life insurance will go to the compulsory heirs of Y. D) the proceeds of the life insurance will be divided equally amongst X and the compulsory heirs of Y.

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