Question

In: Finance

The doctrine of reasonable expectations holds that insurance policies will be interpreted in a fashion A....

The doctrine of reasonable expectations holds that insurance policies will be interpreted
in a fashion
A. consistent with the expectations of a reasonable person with legal training.
B. consistent with the expectations of a reasonable person without legal training.
C. consistent with the expectations of a reasonable person with at least a sixth grade
reading level.
D. that provides the greatest benefit to the insurance company

Solutions

Expert Solution

The doctrine of reasonable expectations holds that IN CASE THERE IS ANY AMBIGUITY the insurance policies , will be interpreted in a fashion, that is consistent with the expectation of a reasonable person without legal training.

The person need not have any legal training.

So, the correct option is option B.


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