Tag (SQ): Firm Reconstitution

a. Where an insurer has settled a claim on behalf of another insurer, certain insurable interests apply. Required: State FOUR conditions for contribution to take place.                                                                                                                                                                    b. The validity of a contract may be vitiated by some factors known to law. Required: State TWO factors that may vitiate a contract.  c. An employee may be dismissed for justifiable reasons. Required: State FOUR grounds upon which an employee may be dismissed.                                                                                                                                                                                                                              d. The Trustee Investments Act stipulates securities in which trustees may invest. Required: State THREE categories of securities in which trust funds may be invested