.......... is NOT a principle of insurance
utmost good faith
particular average
indemnity
subrogation
insurable interest
Correct answer is B
No explanation has been provided for this answer.
The reward of capital as a factor of production is
dividend
interest
profit
rent
wages
Correct answer is B
No explanation has been provided for this answer.
ln partnership business, the maximum number of persons for its formation is
five
fifteen
ten
twenty
twenty five
Correct answer is D
No explanation has been provided for this answer.
What is NOT an instrument of credit?
bills of exchange
cheque
money order
postal order
source document
Correct answer is E
No explanation has been provided for this answer.
What is NOT a supplementary service of banks?
agents for payment
custody of valuables
dealing in foreign exchange
investments
referees
Correct answer is A
No explanation has been provided for this answer.