For this question more than 1 option is correct.

CII E05 Question Answer

For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of a corporation aggregate?

It is an organisation with a separate legal existence to its membership.

It is not treated as a separate legal entity.

It is answerable to its shareholders or members.

It is a legal person representing one official position.

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What are the main objectives of the principle of insurable interest?

What is the most common for of corporation?

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For this question more than 1 option is correct.

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