To which of the following occupations does a broker belong?
Extractive
Manufacturing
Commercial
Constructive
Direct services
Correct answer is C
No explanation has been provided for this answer.
Which of the following is used in home trade?
Bill of lading
Bank draft
Letter of credit
Certificate of origin
Documentary credit
Correct answer is B
No explanation has been provided for this answer.
One of the features of reinsurance is the
total transfer of risk from one company to another
protection of insurance company by the government
protection of the insured by the third party
collection of indemnity by third party only
transfer of a portion of risk from one insurer to another
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not one of the aims of indigenization? To
reduce the remittance of profits aboard
increase the control of the government over its economy
expose the indigenes to different business enterprises
collection of indemnity by third party only
transfer of a portion of risk from one insurer to another
Correct answer is E
No explanation has been provided for this answer.
rights issue
bonus issue
private placing
debenture issue
preference share issue
Correct answer is C
No explanation has been provided for this answer.