Duty drawback refers to duties paid on?

A. exported goods produced with local content B. re-exported goods previously imported C. imported goods for sale locally D. locally manufactured goods for sale locally Correct Answer: Option B B. re-exported goods previously imported Explanation Duty drawback: A...

The term utmost good faith in insurance means?

A. both the insured and insurer must disclose all information B. only the insurer must disclose all information C. the beneficiary must disclose all information D. only the insured must disclose all information Correct Answer: Option A A. both the insured and insurer...