According to Section 39 of the Specific Relief Act, if the owner of a ship (A) deceives an underwriter (B) by falsely claiming the ship is seaworthy and gets it insured, who has the right to cancel the insurance policy?

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The owner (A) can request the policy to be revokedThe underwriter (B) has the authority to cancel the insurance contractNeither party has the right to cancel the policyNone of the above options are correctBoth parties can jointly cancel the policy

Explanation

Under Section 39 of the Specific Relief Act, if the ship owner misrepresents the vessel's seaworthiness to the underwriter to obtain insurance, the underwriter (B) is entitled to cancel the insurance policy due to this fraudulent inducement.