When a borrower opts for an insurance policy in connection with a loan, it is a case of _______
When a borrower opts for an insurance policy in connection with a loan, it is common for the lender to require the borrower to assign the insurance policy to the lender. This means that the borrower transfers the rights and benefits of the insurance policy to the lender as security for the loan. This assignment serves as additional collateral for the loan, providing the lender with a claim on the insurance proceeds in the event of a claimable event. Therefore, the loan opted insurance policy is associated with the case of assignment.
Which of the following sections of Transfer of Property Act, 1882 cover transfer for benefit of unborn person?
Is According to the Contract Act Consideration not necessary_____________
As per section 6 of the Transfer of Property Act, 1882, which of the following cannot be transferred __________.
The Adjudicating Authority shall, ________________ ascertain the existence of a default from the records of an information utility or on the basis of ot...
The doctrine of vicarious liability is applied when there is relationship between
It shall be open to SEBI to inspect at all reasonable times books of accounts and other documents to be maintained by the Stock Exchanges for periods
The Presiding Officer or any other Member of SAT shall, unless he is permitted by the Central Government to relinquish his office sooner, continue to h...
JMPR deals in
According to the Insurance Act section 27 the term assets means________________
Which of the following cannot be transferred as mentioned under Transfer of Property Act?