Home
Class 11
BUSINESS STUDIES
A transport company took an accident ins...

A transport company took an accident insurance policy for all its vehicles. A truck
of that company carrying oranges met with an accident. Due to that accident three
was no damager to oranges but oranges were unloading from that truck and reloaded
to another . Due to time wastage in unloading and reloading, the oranges got spoiled.
Will the company get compensation for loss of oranges from the insurance company
or not ? Which principle is related with this case ? Explain that principle of insurance.

Text Solution

Verified by Experts

The company will not get compensation because oranges were not spoiled in accident.
The oranges got spoiled due to delay in unloading an loading. This case is related to the
Principle of Cause Proxima.
(Explain the principle of Causa Proxima, Refer to Page No. 156 point 6.)
Promotional Banner

Topper's Solved these Questions

  • BUSINESS SERVICES

    SUBHASH DEY|Exercise EXERCISE|27 Videos
  • BUSINESS SERVICES

    SUBHASH DEY|Exercise CASE STUDIES and HOTS|12 Videos
  • EMERGING MODES OF BUSINESS

    SUBHASH DEY|Exercise Long Answer Questions|7 Videos