Commercial Law, 2011 Bar — Question 97

MULTIPLE CHOICE

Shipowner X, in applying for a marine insurance policy from ABC, Co., stated that his vessel usually sails middle of August and with normally 100 tons of cargo. It turned out later that the vessel departed on the first week of September and with only 10 tons of cargo. Will this avoid the policy that was issued? A) Yes, because there was breach of implied warranty. B) No, because there was no intent to breach an implied warranty. C) Yes, because it relates to a material representation. D) No, because there was only representation of intention.

You can write freely without an account. Sign in to reveal the suggested answer and track your progress.