Insurance

Question Description

I’m working on a business law question and need support to help me learn.

• Step 1: Read several scenarios.
  “Cases 7” handout.
• Step 2: Post your response to the following to the discussion board.
  Post your response to the following on the discussion board. If appropriate, include personal experience in your response.
  • Was there a concealment of a material fact that justified Western’s rescission of the life insurance policy?
  • Should a contract be allowed to be rescinded because of an innocent misrepresentation? Why or why not?
  • Do you think the concealment was intentional or innocent?
  • Do you think there is very much insurance fraud in this country? Explain.