Instantly download E05 updated real questions
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Updated: Sep 03, 2025
No. of Questions: 52 Questions & Answers with Testing Engine
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CII Examination element of M05 Insurance law Sample Questions:
1. A riot results in a shop being damaged and the shopowner's insurer settling the claim. A subrogation right enabling the insurer to sue the police authority arises under
A) tort.
B) a condition precedent to liability.
C) a condition subsequent to liability.
D) statute.
2. What is the most common for of corporation?
A) Registered corporation.
B) Statutory corporation.
C) Corporation sole.
D) Chartered corporation.
3. When a defendant deliberately destroys possessions belonging to someone else, he has committed the tort(s) of
A) trespass to goods, conversion, nuisance and battery.
B) trespass to goods and conversion only.
C) trespass to goods only.
D) trespass to goods, conversion and nuisance only,
4. When, if at all, does the duty of fair presentation of a risk apply after a non-consumer insurance contract has been formed?
A) Where there is a variation in the insured risk.
B) On submission of a claim.
C) From the date of a breach of warranty.
D) It does not apply as the duty is to take reasonable care not to make a misrepresentation.
5. A breach of warranty under the general law of contract legally entitles an injured party to
A) obtain specific performance.
B) avoid the contract ab initio.
C) claim damages.
D) avoid the contract from the date of the breach.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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