A. Surrender value B. cash bonus C. assured sum D. dividend E. premium Correct Answer: Option A - Surrender value
A. name of the company B. location of the company C. names of the Board of Directors D. limitation of…
A. the individual member's capital is limited B. the total sum of the company's capital is limited C. members are…
A. Endowment B. Freight C. Accident D. Fidelity E. Fire Correct Answer: Option B - Freight Explanation: Marine Insurance is…
A. trade debts B. personal accidents C. dishonest staff D. fire disaster E. sea disaster Correct Answer: Option C -…
A. utmost good faith B. suborgation C. insurable interest D. indemnity against loss E. proximate cause Correct Answer: Option A…
A. incorporation B. recuperation C. liquidation D. restoration E. nationalization Correct Answer: Option C - liquidation
A. manufacturer B. wholesaler C. consumer D. retailer E. trader Correct Answer: Option C - consumer
A. Dredging B. Warehousing C. Collection of customs duties D. Loading and off-loading of cargoes E. Off-loading of cargoes Correct…
A. High capital repayments B. high debt service repayment C. higher imports than exports D. higher expert than imports E.…