The sum of money paid by a policy-holder to an insurer is...
The sum of money paid by a policy-holder to an insurer is referred to as?
interest
premium
gross profit
sales revenue
Correct answer is B
In insurance, a premium is the amount of money an individual or business must pay for an insurance policy.
In insurance, risks that have no statistics for their calculations are ...
Foreign trade transactions are carrried out through the use of ...
Which of the following functions is not performed by retailers? ...
Who among the following comes first in the channel of distribution? ...
Which of the following can quote its shares on the stock exchange ...
A retail outlet is described as a multiple shop when it ...
Which of the following is not performed by the shipping and forwarding agents? ...
A documents which a retailer sends to a wholesaler requesting him to supply items is called? ...