In a contract for the transfer of goods1, except as otherwise provided2, there are implied conditions and warranties relating to the transferor's right to make the transfer, the freedom of the goods from undisclosed or unknown charges and encumbrances, and (subject to that), the transferee's right to enjoy quiet possession of the goods
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This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
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