Assurance is different from insurance in that the former ...
Assurance is different from insurance in that the former is based on
probability
possibility
risk
uncertainty
Correct answer is B
Assurance is similar to insurance, with the terms often used interchangeably. However, insurance refers to coverage over a limited time, whereas assurance applies to persistent coverage for extended periods or until death.
The role of a wholesaler in the channel of distribution is to? ...
Which of the following is not a feature of a sole trader ...
Dealing in quoted securities on the Nigerian Stock Exchange is restricted to authorized ...
A document sent by a broker to his client to confirm a purchase or sale made on his behalf is ...
What is NOT an advantage of combinations (monopolies)? ...
The nominal value of kC Ltd's share is 50k and the market value is 70k. This means that the comp...
Use the information below to answer question 309 and 310. Musa rented a room to adamu for N1,5...
What is an aim of a trade association? ...
Which of the following has power to order withdrawal of a particular food item from circulation? ...
A system of buying goods by an agent where the supplier is determined by the principal is ...