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With regard to uberrimae feidei, which of the following statements is/are correct?
1. It falls within a class of cases which require absolute good faith.
2. Every contract is a contract 'uberrimae feidei'
3. A contract of insurance of an example of 'uberrimaefeidei'
Select the correct answer using the given below.

With regard to uberrimae feidei, which of the following statements is/are correct?
1. It falls within a class of cases which require absolute good faith.
2. Every contract is a contract 'uberrimae feidei'
3. A contract of insurance of an example of 'uberrimaefeidei'
Select the correct answer using the given below. Correct Answer 1 and 3 only

Related Questions

Consider the following statements with regard to "uberrimae feidei" and find out which of them is correct.
1. It falls within a class of cases which require utmost good faith
2. Every contract is a contract uberrimae feidei
3. A contract of insurance is an example of uberrimae feidei
There are five classes class 1, class 2, class 3, class 4 and class 5 in a school. They are one above the other. Class 1 is at the bottom, then class 2 above it and so on. Five videos M1, M2, M3, M4 and M5 are displayed in these given classes. Only one video is displayed in a particular class. Each video is displayed only one time. Video M5 is displayed at an even numbered class. Video M2 is displayed at class 1. Video M1 is displayed at the class just below M5. Video M4 is not displayed at even numbered class. Which of the following statement is not correct?
Below are given statements followed by some conclusions- You have to take the given statements to be true even if they seem to be at variance with the commonly known facts- Statements: 1- Health insurance in India caters only to rich. 2- Health insurance sector should be regulated. Conclusion: I. Health insurance sector should be nationalized II. Health insurance is not required for the poor. Decide which of the given conclusions logically follow(s) from the given statements.
Imagine, you are solving a classification problems with highly imbalanced class. The majority class is observed 99% of times in the training data. Your model has 99% accuracy after taking the predictions on test data. Which of the following is true in such a case?
1. Accuracy metric is not a good idea for imbalanced class problems.
2.Accuracy metric is a good idea for imbalanced class problems.
3.Precision and recall metrics are good for imbalanced class problems.
4.Precision and recall metrics aren't good for imbalanced class problems.
According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
n the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives. The rising sun has great inner ______. Not just to ______ the new morning right after the dark night, but also the new rhythms and vibrations within existence. Theentire universe – including the trees, birds and flowers – wake up to the rising sun. When we listen to the birds chirping and see the flower petals open, rememberthat the sunrise is not just a great happening on the outside. If we are alert and aware, then the sunrise is also happening deep within us. Something within ourselvesis also ______ with the first rays of the sun. We just need to be sensitive and available; we just need to be ______. Like the outside world, we need to open the inner doorto let the new dawn enter within. Just open the window of our inner world and allow the beautiful experience of sunrise to ______ within ourselves – this experience isbeyond anything earthly. sunrise to ______ within ourselves
In the question below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. Statements: I. Some preparation are not good II. Only a few good are wise III. No wise is preparation Conclusions: I. Some good are not wise is a possibility II. No preparation is wise III. Some preparation are good is a possibility
In the question below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. Statements: I. Some preparation are not good II. Only a few good are wise III. No wise is preparation Conclusions: I. Many preparation are wise II. Some good are not wise III. Some wise are good
Which among the following statements about the power to change the basic structure of the Constitution of India is/are correct? 1. It falls outside the scope of the amending powers of the Parliament. 2. It can be exercised by the people through representatives in a Constituent Assembly. 3. It falls within the constituent powers of the Parliament. Select the correct answer using the code given below.
Which among the following statements about the power to change the basic structure of the Constitution of India is/are correct?1. It falls outside the scope of the amending powers of the Parliament.2. It can be exercised by the people though representatives in a Constituent Assembly.3. It falls within the constituent powers of the Parliament.Select the correct answer using the code given below.