Multiple Choice
Average clause is applicable in case of under insurance.
A) true
B) false
C) only true
D) may be false
Correct Answer:
Verified
Related Questions
Q14: The amount paid by insured to insurer
Q15: General insurance business in India is transacted
Q16: A memorandum trading account is to be
Q17: A policy of fire insurance is intended
Q18: Gross profit must always be calculated as
Q20: A fire policy covers loss of or
Q21: If value of stock on date of
Q22: If value of stock on date of
Q23: If value of stock on date of
Q24: If Gross profit is 600000, sales is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents