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If Mr Olu insures Mr Obi’s house, the insurer may, in event of a loss,…

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
Correct Answer: Option C
Explanation