Page 9 - CFPA-CII-Module W01-Examen blanc N°2-Qestions avec réponses

37. A car is a total loss and the motor policy has paid the claim. This is called:

a) Finalisation
b) Fulfilment
c) Frustration
d) Fidelity

38. The essentials of a valid contract of insurance are:

a) Offer, acceptance and consideration
b) Intention, possibility and acceptance
c) Legality, capacity and consideration
d) Consideration, acceptance and agreement

39. Because the insured has lied about arrangements to garage a high-value car, they have been in
constant breach of the requirement to garage a car overnight. In this instance, the policy may be
described as:

a) Vacant
b) Virtual
c) Voidable
d) Verified

40. A typical method of forming an agency is by:

a) Discussion
b) Debate
c) Confirmation
d) Consent

41. Consideration in contract is:

a) Giving thought to the process of the contract
b) Ensuring that both sides are able to contract
c) Involving an agent to act for both sides to ensure terms are met
d) What each party gives under the contract

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