Business, 27.03.2020 02:16 monsterenergy19

John promised the other co-owners of the ship Sea Fairy that he would insure the ship for an upcoming voyage. However, John fails to insure the ship. The ship is shipwrecked in a turbulent sea. The co-owners sue John for breach of contract. Will they succeed? Assume that the co-owners did NOT give anything of value for Johns' promise.

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