A. Proximate cause B. Fidelity guarantee C. Consequential loss D. Surrender value Correct Answer: Option A - Proximate cause Explanation…
A. Increase a company’s number of customers B. Reduces a company area of patronage C. Increases a company’s operating costs…
A. Consideration B. offer C. contract D. agreement Correct Answer: Option C - contract Explanation Contract is a written or…
A. Construction industry B. extractive industry C. manufacturing industry D. commercial industry Correct Answer: Option D - commercial industry Explanation…
A. Marketing concepts B. Selling concepts C. Consumerism D. Market segmentation Correct Answer: Option A - Marketing concepts Explanation The…
A. Building society B. cooperative society C. stock exchange D. capital market Correct Answer: Option C - stock exchange Explanation…
A. Employees B. The chairman of the board C. Shareholders D. Manufacturer’s warehouse Correct Answer: Option C - Shareholders Explanation…
A. Total loss and partial loss B. Voyage policy loss and time policy loss C. Particular loss and average loss…
A. Dividend B. Interest C. commission D. Profit Correct Answer: Option B - Interest Explanation a debenture is defined as…
A. Shares B. Overdraft C. debenture D. leasing Correct Answer: Option B - Overdraft Explanation Short term capital is Liquid…