Commerce WAEC - Page 46 Of 333 - Erudites Academy

The insured is the?

The insured is the?

by Sunday | Jul 30 | Commerce WAEC

A. insurance company B. insurance company’s client C. insurance broker D. insurance agent E. insurance manager Correct Answer: Option B – insurance company’s client

Under the law of insurance, exemption causes?

by Sunday | Jul 30 | Commerce WAEC

A. enable the insurance to claim on the insurance company B. protect the insurance company under the contract C. guard against the occurrence of the insured events D. protect a third party under the contract E. protect the insured against the insurance company Correct...

The insured is the?

The worth of a life insurance policy be maturity date is known as?

by Sunday | Jul 30 | Commerce WAEC

A. principal value B. surrender value C. accumulated value D. prepaid value E. accrued value Correct Answer: Option B – surrender value

The insured is the?

Prior to the issue of a certificate on a motor insurance contract, the insured is issued with?

by Sunday | Jul 30 | Commerce WAEC

A. a license of insurance B. insurance policy certificate C. a cover note D. a simple receipt E. an invoice Correct Answer: Option C – a cover note

The insured is the?

Which o the following is not an attribute of an effective business manager?

by Sunday | Jul 30 | Commerce WAEC

A. Empathy B. Subjectivity C. Altruism D. Objectivity E. self-awareness Correct Answer: Option B – Subjectivity

The insured is the?

The critical factor in organizing a business is?

by Sunday | Jul 30 | Commerce WAEC

A. money B. capital C. machinery D. management E. control Correct Answer: Option D – management

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