…………………policy cover loss of gross profit sustained as a consequence of business interruption.
A) loss of profit
B) loss of stocks
C) average clause
D) loss of fixed assets
Correct Answer:
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Q1: A business takes a……………insurance policy to cover
Q2: The computation of loss by fire is
Q3: The value of stock on the date
Q4: ……………..clause is applicable in case of under
Q6: The period for which a policy is
Q7: A ---------- policy covers loss of stock,
Q8: Insured standing charges are the --------------
A)fixed charges
B)horizontal
Q9: ……………… ratio indicates the relationship of gross
Q10: Due to the inclusion of average clause
Q11: The Insurance Company cannot prevent the happening
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