Philippine Bar review · Topic
Warranties
Page 2 of practice questions on Warranties in INSURANCE LAW (PD 612, as amended by RA 10607). Browse published questions and explore related topics for…
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- Does Section 74 address material warranty violations by either contracting party?
- A nonfraudulent warranty breach occurs only in the middle of the term. The insurer cites Section 76 as automatically pr…
- A future warranty requires an act after a stated date, but before that performance time the act becomes unlawful at the…
- The parties establish a material warranty breach by the insurer. It argues Section 74 confers rescission only on insure…
- A warranty is stipulated broken without fraud at inception in Policy A, while Policy B has a later nonfraudulent breach…
- Distinguish inception breach from later nonfraudulent warranty breach under Section 76.
- Explain the significance of either party in Section 74’s material-breach rule.
- A future warranty becomes unlawful to perform before performance is due. Explain Section 73 without assuming the insure…