40. Define other insurance.
41. What limit, if any, is placed upon the amount of life insurance a person may take?
42. May a person insure personal property for more than its actual value?
43. If a person insures his house in three different companies for two-thirds of its value in each company, in case of loss how much an he recover, if anything, on each policy?
SURETYSHIP
1. Define suretyship.
2. Is a suretyship obligation a contract?
3. What contracts is the term suretyship used to designate?
4. How many parties are there to a suretyship contract?
5. Define principal.