Multiple Choice
When does a seller's insurable interest terminate?
A) when title passes to the buyer
B) when risk of loss passes to the buyer
C) when the seller identifies the goods to be sent to the buyer
D) The seller never has an insurable interest, only the buyer.
E) The seller always has an insurable interest, but the buyer never has an insurable interest.
Correct Answer:
Verified
Correct Answer:
Verified
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