The payment made to the insured for loss incurred is
...The payment made to the insured for loss incurred is
premium
indemnity
ex gratia payment
surrender value
interest
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not the duty of an entrepreneur? ...
A counter offer operates as? ...
The above chart represents the ...
The net profit of a business is determined by ...
Which of the following is a means by which a contract of agency could be terminated? ...
The process of passing information from one person to another in an organization is known as ...
Which of the following makes other functions of business its appendages? ...
An advertising campaign designed to sell one's own products at the expense of other brands is ...