A businessman who undertakes the hull insurance policy is...
A businessman who undertakes the hull insurance policy is aiming at?
concerting losses on damages to the cargo
protecting injured crew in the ship
averting payment of the freight
covering damages to the body of the ship
Correct answer is D
Hull insurance is an insurance policy especially designed for covering ship damage expenses. Where the 'Hull' refers to the main body of the ship.
A stock exchange is a market for? ...
Payment to a ship owner for carrying one's cargo is ...
Which of the following policies qualifies the holder to income to income tax relief? ...
Which of the following is an advantage of personal selling? ...
What is a statement of account? It is a/an ...
Service which are of absolute monopoly can can best be proved by ...
Which of the following is the main tool of mass selling ...
The application of division of labour should generally bring about ...