Vidyalelo
Commerce · Q899

Insurance

Graduate and Post Graduate · Commerce · question 899

Q899

In respect of Assignment which of the following is correct?

A.
Assignee becomes owner of the policy
B.
Assignee cannot have better rights than assignor
C.
Both A & B
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
In respect of Assignment the following are correct are Assignee becomes owner of the policy and Assignee cannot have better rights than assignor.