Categories: Commerce WAEC

The principle which prevents an insured from receiving a claim that is more than the value of the loss, if the property is insured by more than one company is?
The principle which prevents an insured from receiving a claim that is more than the value of the loss, if the property is insured by more than one company is?The principle which prevents an insured from receiving a claim that is more than the value of the loss, if the property is insured by more than one company is?

A. indemnity
B. contribution
C. proximate cause
D. uberrimae fidei

Correct Answer:

Option B – contribution

Sunday

Share
Published by
Sunday
2 years ago

Recent Posts

EME 401 Theory Questions: Politics In Educational Planning

400 Level Social & Political Context of Education Planning and Administration Practice exam questions and detailed…

2 hours ago

EME 401 Theory Questions: Socialisation – Social Context Of Educational Planning

400 Level Social & Political Context of Education Planning and Administration Practice exam questions and detailed…

2 hours ago

EME 401 Theory Questions: Equality In Education

400 Level Social & Political Context of Education Planning and Administration Practice exam questions and detailed…

5 hours ago

EME 401 Theory Questions: Society And Socio-Political Factors

400 Level Social & Political Context of Education Planning and Administration Practice exam questions and detailed…

5 hours ago

EME 401 Theory Questions: Nigerian Education Policy

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

6 hours ago

EME 312 Theory Questions: Performance Evaluation

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

6 hours ago