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CII Certification
E05 Exam
CII.E05.v2022-01-24.q17 Practice Test
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Question
16
The principle of subrogation prevents a policyholder from profiting from
A.
retaining salvaged property.
B.
submitting a full claim recovery under more than one insurance policy.
C.
assigning abandonment rights to the insurer.
D.
claiming under both his insurance policy and against any negligent third party.
Correct Answer:
D
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Question
17
A breach of warranty under the general law of contract legally entitles an injured party to
A.
obtain specific performance.
B.
claim damages.
C.
avoid the contract from the date of the breach.
D.
avoid the contract ab initio.
Correct Answer:
B
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