Question

Who has the legal duty of Utmost Good Faith in insurance contracts?

a.

Only the insurer

b.

Only the insured

c.

Both the insured and the insurer

d.

Neither the insured nor the insurer

Answer: (c).Both the insured and the insurer Explanation:Both the insured and the insurer have a legal duty of Utmost Good Faith in insurance contracts.

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Q. Who has the legal duty of Utmost Good Faith in insurance contracts?

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