Warranties

This topic has no further subtopics. Explore its practice questions below.

1. Which forms of warranty does Section 67 recognize?
2. May an insurance warranty relate to the future?
3. What does Section 69 say about the words necessary to create a warranty?
4. A policy states as a fact that the insured warehouse has an operating sprinkler system. Which statutory category direct…
5. A future warranty requires an act at a later date. Before that performance date, the insured loss happens. The insurer …
6. A policy contains an immaterial administrative provision. It does not declare that violation of that provision avoids c…
7. An express warranty made when the policy is executed appears only in an unsigned external checklist. The policy neither…
8. State the incorporation requirements for an express warranty made at or before execution of the policy.
9. Explain Section 73's exceptions for omission to perform a future warranty.
10. Distinguish material warranty breach from breach of an immaterial provision under Sections 74 and 75.
11. Under Section 76, from when does a nonfraudulent warranty breach ordinarily exonerate the insurer?
12. If the warranty is broken at inception within Section 76, what effect is stated?