Average clause is a …………… in the insurance company
A) reserve
B) fund
C) provision
D) none of these
Correct Answer:
Verified
Q7: When a fixed asset is destroyed ,the
Q8: When stock is destroyed the ………………….. of
Q9: Business concern often suffer …………… due to
Q10: A set of ……………… is to be
Q11: Salvage value of stock to be ………..
Q13: Fire insurance policies contain an "…………." to
Q14: Fire insurance policies contain an "average clause"
Q15: Net claim on under insurance is equal
Q16: Gross profit on short sales are calculated
Q17: Short sales is the difference between ……………
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