Annamalai University 2007 LL.M 310LAW OF INSURANCE AND CARRIAGE OF GOODS - Question Paper

DEGREE EXAMINATION, 2007
( BRANCH - I : CONTRACTS INCLUDING
MERCANTILE legal regulations )
( 3rd YEAR )
( PAPER - VII )

310. legal regulations OF INSURANCE AND CARRIAGE OF GOODS
May ] [ Time : three Hours
Maximum : 100 Marks

ans ques. No. one and any other 5 ques..
ques. No. one carries 25 marks and ALL other ques. carry 15 marks every.

1. (a) Distinguish ranging from .Contribution. and .Subrogation. and examine their application in various types of insurance.

(OR)

(b) discuss the basic concepts of insurance with reference to various types of
insurance.

2. Elucidate true total loss and constructive total loss, citing leading cases.

3. discuss the difference ranging from nomination and assignment of a life policy referring to decided cases.

4. Premium once paid is not returnable. State the exceptions to the rule.

5. discuss the different benefits given under the Employees State Insurance Act, 1948.

6. What is a charter party ? elaborate the usual express and implied terms in a charter party ? What is the effect of breach of any of them ?

7. discuss .maritime perils.. Insurer is needed to compensate the perils insured. - explain.

8. explain the liability of the State in regard of railway accident.

9. Write short notes on any 2 of the subsequent :
(a) Valued and unvalued policy.
(b) issue of double insurance.
(c) Suicided clause in a life policy.
(d) Cover note and ship.

Earning:   Approval pending.