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Consider the following statements with regard to uberrimae feidei and find...

This question belongs to Law Indian Contract Act
Indian Contract Act
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Consider the following statements with regard to "uberrimae feidei" and find out which of them is correct.
1. It falls within a class of cases which require utmost good faith
2. Every contract is a contract uberrimae feidei
3. A contract of insurance is an example of uberrimae feidei

Answer & Solution
Correct Answer: Option B
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