Exam Code: M05
Exam Questions: 119
Insurance Law (M05)
Updated: 24 Nov, 2025
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Question 1

For this question more than 1 option is correct. You must select all the correct options to gain the mark. Which special defences are available to the fort of libel?

Options :
Answer: A,B

Question 2

What is the role of a condition precedent in an insurance policy? 

Options :
Answer: B

Question 3

Julie has agreed to feed lan's cat whilst he is away on holiday in a remote location. When the cat becomes seriously ill. Julie is unable to contact Ian, so she takes the cat to the vet and also pays the vet's bill. In these circumstances. Julie is best described as:

Options :
Answer: B

Question 4

A manufacturer was under contract to pay a supplier El .000 on receipt of the delivery of raw materials. However, the supplier failed to deliver and the manufacturer had to purchase identical materials from another supplier for £1,200. What amount of damages is the manufacturer legally entitled to claim from the supplier who failed to deliver?

Options :
Answer: A

Question 5

What is the maximum contingency fee percentage under a damages-based agreement that can be charged by a solicitor for personal injury cases and employment tribunal cases respectively?

Options :
Answer: B

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