Which of the following terms is used in marine insurance when the cargo suffers partial loss?
General Average
Particular Average
Floating Policy
Open Cover
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a principle of insurance
indemnity
insurable risk
Subrogation
Insurable interest
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not provided by the post office?
Recorded delivery service
Business reply service
Express delivery service
After sales service
Correct answer is A
No explanation has been provided for this answer.
The practice whereby a firm prepays the postage for the response of its customers is known as
express delivery
post restante
recorded delivery service
business reply service
Correct answer is B
No explanation has been provided for this answer.
A distinctive feature of a personal selling is the
face to face meeting of seller and buyer
selling of cheap items only
sale of industrial goods only
hawking of goods
Correct answer is A
No explanation has been provided for this answer.