If Mr Olu insures Mr Obi's house, the insurer may, in event of a loss, refuse to pay compensation based on the principle of

If Mr Olu insures Mr Obi's house, the insurer may, in event of a loss, refuse to pay compensation based on the principle of

A utmost good faith
B subrogation
C insurable interest
D indemnity
E contribution

waec 1998 commerce

The correct answer is C. insurable interest

No explanation given

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