Philippine Bar review · Question

Practice question: Warranties

Multiple Choice Medium

Practice question

A policy states as a fact that the insured warehouse has an operating sprinkler system. Which statutory category directly describes that policy statement?
  1. An unrelated advertisement
  2. A legislative enactment
  3. A share subscription
  4. An express warranty of that fact
  5. A court injunction

Legal references

  • Insurance Code as amended by RA 10607, Section 71: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html

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