by Sunday | Dec 12 | Commerce JAMB
A. an insurance company B. a trade association C. the bank D. an advertising agency Correct Answer: Option A – an insurance company Explanation Contact your insurance company right away and ask them what to do first. There are companies that specialize in...
by Sunday | Dec 12 | Commerce JAMB
A. indemnity B. proximate cause C. utmost good faith D. subrogation Correct Answer: Option D – subrogation Explanation In the event of an insurance claim, “subrogation” refers to the process by which your insurance company collects money from the party at fault...
by Sunday | Dec 12 | Commerce JAMB
A. subrogation B. proximate cause C. uberrimae fidei D. contribution Correct Answer: Option C – uberrimae fidei Explanation Uberrimae fidei is a Latin phrase meaning “utmost good faith; The principle means that every person who enters into a contract of...
by Sunday | Dec 12 | Commerce JAMB
A. indemnity insurance B. fidelity guarantee insurance C. non-insurable risk D. non-indemnity insurance Correct Answer: Option A – indemnity insurance Explanation Indemnity insurance is a contractual agreement in which one party guarantees compensation for...
by Sunday | Dec 12 | Commerce JAMB
A. accident insurance policy B. fidelity guarantee insurance policy C. motor vehicle insurance policy D. life assurance policy Correct Answer: Option D – life assurance policy Explanation An endowment policy is a life insurance contract designed to pay a lump...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.