Commercial Law, 2011 Bar — Question 23

MULTIPLE CHOICE

X, Co., a partnership, is composed of A (capitalist partner), B (capitalist partner) and C (industrial partner). If you were partner A, who between B and C would you have an insurable interest on, such that you may then insure him? A) No one, as there is merely a partnership contract among A, B and C. B) Both B and C, as they are your partners. C) Only C, as he is an industrial partner. D) Only B, as he is a capitalist partner.

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