Here's the question bank on all the law officer topics.
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R.Assertion A : A, the owner of a ship by fraudulently representing her to be seaworthy induces B, on underwriter to insure the ship.Reason R : B can obtain cancellation of the policy, as it is a fraud on account of fraudulent misrepresentation under the contract act.In the light of the above statements, choose the correct answer from the options given below:
The correct answer is Both A and R are true and R is the correct explanation of A Assertion A : A, the owner of a ship by fraudulently representing her to be seaworthy induces B, on underwriter to insure the ship.The assertion is trueReason R : B can obtain cancellation of the policy, as it is a fraud on account of fraudulent misrepresentation under the contract act.The Reason is true and correctly explains R as B may obtain the cancellation of the policy because this is a fraud under Indian Contract Act 1872.
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