One of the principles of insurance is?

One of the principles of insurance is?

A. Proximate cause B. Fidelity guarantee C. Consequential loss D. Surrender value Correct Answer: Option A – Proximate cause Explanation principles of insurance are Nature of contract, Principal of utmost good faith, Principle of Insurable interest, Principle of...
One of the principles of insurance is?

A disadvantage of personal selling is that it?

A. Increase a company’s number of customers B. Reduces a company area of patronage C. Increases a company’s operating costs D. Decreases a company’s operating costs Correct Answer: Option C – Increases a company’s operating costs Explanation Personal selling is...
One of the principles of insurance is?

Distribution of goods belongs to?

A. Construction industry B. extractive industry C. manufacturing industry D. commercial industry Correct Answer: Option D – commercial industry Explanation Commercial Occupation: This refers to all the people involved in the distribution and exchange of goods...

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