Practice question
Under Section 76, from when does a nonfraudulent warranty breach ordinarily exonerate the insurer?
- From the time the breach occurs
- Always from a century before inception
- Only after every lawsuit ends
- Only when a private party chooses
- Never under any circumstances
Legal references
- Insurance Code as amended by RA 10607: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html; Sections 73-74,76.
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