Fidelity guarantee is an insurance cover against loss arising from?
trade debts
personal accidents
dishonest staff
fire disaster
sea disaster
Correct answer is C
No explanation has been provided for this answer.
In insurance the term Uberrimae fidei stands for?
utmost good faith
suborgation
insurable interest
indemnity against loss
proximate cause
Correct answer is A
No explanation has been provided for this answer.
When a business is insolvent it may result in?
incorporation
recuperation
liquidation
restoration
nationalization
Correct answer is C
No explanation has been provided for this answer.
The organization of Petroleum Exporting Countries(OPEC) is an example of a?
cartel
trust
holding company
consortium
chamber of commerce
Correct answer is A
No explanation has been provided for this answer.
An individual who makes the final use of goods and services provided by a firm is the?
manufacturer
wholesaler
consumer
retailer
trader
Correct answer is C
No explanation has been provided for this answer.