The practice by which an insurance company accepts a very...
The practice by which an insurance company accepts a very large risk and later shares it with other insurance companies is called
subrogation
contribution
re-insurance
indemnity
Correct answer is C
No explanation has been provided for this answer.
A document from a seller which corrects an under-charge on a buyer's account is known as? ...
Which of the following is the primary purpose of a business concern? To ...
The retail of goods through currency operated machines is known as? ...
Which of the following is primarily responsible for protecting against poor quality goods? ...
An established pattern of relationships among members of an organization is known as ...
When a company buys up firms supplying it with raw materials, this is an example of ...
Which of the following is applicable to foreign trade only? ...