A. utmost good faith B. subrogation C. insurable interest D. indemnity E. contribution Correct Answer: Option C - insurable interest
A. Change in consumer's taste B. The probability of a third world war C. Flood resulting from excessive rain in…
A. Give long-term loans B. invest directly into Agriculture C. Issue currency notes D. Give technical advice to investors E.…
A. Fixing the bank rate B. Open market operations C. Clearing inter-bank indebtedness D. Special deposits E. Cash liquidity ratio…
A. a form of loan B. compliment to a good customer C. provision of services D. a means of saving…
A. Installment B. Granting trade discount C. Providing spare parts D. Repairing of product E. Replacing damaged goods Correct Answer:…
A. Customer pays initial deposit B. Customer pays purchase price plus interest C. Payment is by instalment D. Ownership of…
A. total volume of sales B. number of times goods are bought and sold C. number of times goods are…
A. Installment of the product B. Provision of credit facilities C. Maintenance of product for a period of time D.…
A. credit sales B. hire purchase C. conditional sale D. trade-in-sale E. leasing Correct Answer: Option C - conditional sale