Philippine Bar review · Question

Practice question: Rescission of Insurance Contracts

Multiple Choice Easy

Practice question

Under Section 35, is a party bound to communicate its own judgment on the matters in question even upon inquiry?
  1. Always
  2. Only the insurer must do so
  3. Only if printed in large letters
  4. No; the statute expressly distinguishes information of one’s own judgment
  5. Only if a broker requests it

Legal references

  • Insurance Code, as amended by RA 10607, Sections 26-48 and 97-100: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html

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