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NEW QUESTION # 110
What is the principal reason for which a proposer is asked by the insurer whether his car will be driven by anyone else?
Answer: A
NEW QUESTION # 111
What is the maximum contingency fee percentage under a damages-based agreement that can be charged by a solicitor for personal injury cases and employment tribunal cases respectively?
Answer: C
NEW QUESTION # 112
A nurse working shifts is regularly disturbed by her neighbour givig brass instrument lessons in Ihe evenings.
She is tired and losing concentration at work but is NOT at risk of losing her job. What remedy can be provided by equity as an alternative source of law to common law?
Answer: D
Explanation:
In this case, the nurse is facing a disturbance from her neighbor, which is affecting her concentration and well- being. Aninjunctionis an equitable remedy that could be used to stop the neighbor from causing the disturbance, either temporarily (atemporary injunction) or permanently (apermanent injunction). This is often used to prevent ongoing nuisance or harm, like in this situation where the noise is impacting the nurse's ability to work.
Specific performance (A) would typically apply to compelling someone to fulfill a contractual obligation, not for stopping a nuisance. Punitive damages (B) and general damages (C) are not equitable remedies but are more common in common law for compensating harm or punishment.
NEW QUESTION # 113
Which of the following regulatory bodies oversees the conduct of insurance firms in the UK?
Answer: A
Explanation:
Financial Conduct Authority (FCA)
NEW QUESTION # 114
What does the principle of "indemnity" generally prevent in an insurance contract?
Answer: C
Explanation:
The principle of indemnity ensures that insurance is for the purpose of restoring the insured to the same financial position they were in prior to the loss. It prevents the insured from profiting from the insurance claim.
NEW QUESTION # 115
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