Multiple choice

Consider the following statements with regard to “Uberrima fides:

  1. It falls within a class of cases which require utmost good faith.
  2. Every contract is a contract, “Uberrima tides”.
  3. Contract of insurance is an example of “Uberrima fides”.

  1. 1, 2 and 3 are correct.

  2. 1 and 3 are correct.

  3. 2 and 3 are correct.

  4. 1 and 2 are correct.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Uberrima fides is a Latin phrase meaning "utmost good faith". It is the name of a legal doctrine which governs insurance contracts.