A person who wants to undertake an insurance policy usually completes?
a proposal form
a promotion form
an application form
an agreement form
a subscription form
Correct answer is A
No explanation has been provided for this answer.
A bank whose name is printed on a cheque leaf is known as the?
drawer
payer
drawee
payee
acceptor
Correct answer is C
No explanation has been provided for this answer.
generally acceptable for payment
easily converted to cash
the same as money order
cashed through a bank
cashed through a post office
Correct answer is E
No explanation has been provided for this answer.
Cash is said to be legal tender because it?
can be converted into money order
can be offered and accepted for payment
is negotiable
also takes the form of bank draft
is portable
Correct answer is B
No explanation has been provided for this answer.
The excess value of the assets of a business over its liabilities is?
capital owned
working capital
issued capital
liquid capital
reserved capital
Correct answer is E
No explanation has been provided for this answer.