Voyage policy insurance is associated with
fire
life
marine
burglary
Correct answer is C
A voyage policy is marine insurance coverage for possible damage to a ship's cargo.
A person who earns extra commission for guaranteeing debts is a
factor
broker
commission agent
del-credere agent
Correct answer is D
A del credere is an agent who guarantees the solvency of third parties with whom the agent contracts on behalf of the principal.
Which of the following will be suitable for hire purchase sale?
Shares
Refrigerator
Shoes
Textile
Correct answer is B
No explanation has been provided for this answer.
Carriage forward on an invoice means
carriage will be paid next time
carriage will be paid by seller
carriage will be paid by buyer
carriage has been paid
Correct answer is C
used to show that the cost of shipping goods will be payed by the buyer