contribution
subrogation
promiate cause
utmost good faith
Correct answer is B
Subrogation is a term describing a right held by most insurance companies to legally pursue a third party that caused an insurance loss to the insured.
The transmission of telephone services from one country to another is facilitated by?
communication satelite
international facility
interconnectivity
internet services
Correct answer is A
Communication satellite is the use of artificial satellites to provide communication links between various points on Earth. It is designed to relay several, or more usually many signals simultaneously.
In which of the following will the numbers of words used determine the cost of the message sent?
Telephone
Telegram
Telex
Correct answer is B
A telegram is a message that is sent by electricity or radio and then printed and delivered to someone's home or office. The cost of the messages sent are determined by the number of words contained in the message.
One of the facilities enjoyed by a current account holder is?
a dividend
a bonus
an overdraft
interest on deposits
Correct answer is C
Current account holders have the privilege of enjoying the overdraft facilities because overdrafts are only allowed on current accounts.
An overdraft enables the customer to withdraw money more than the funds available in the account.
A collective term for advertising, personal selling and publicity is?
exhibition
promotion
trade fair
merchandizing
Correct answer is A
An exhibition is an organized presentation and display of a selection of items by companies to showcase and demonstrate their new products and services.