Consequential loss policy for fire insurance gives insurance againest -
A) Stock Loss
B) Profit Loss
C) Assets Loss
D) Budgeted Loss
Correct Answer:
Verified
Q14: Interest is calculated on_ under hire purchase agreement.
A)Cash
Q15: In case of Hire purchase, the depreciation
Q16: According to hire purchase agreement Rs. 25000
Q17: Fire insurance Provides cover for -
A)Tangible Assets
B)Intangible
Q18: The Average Clause in a loss of
Q19: Consequential loss policy indemnifies -
A)Capital Losses
B)Revenue Losses
C)Budgeted
Q20: Stock of goods destroyed by Fire Rs.
Q21: If indemnity period is six months, Standard
Q22: Opening stock Rs. 25000, Purchases Rs. 125000,
Q24: Contract of Insurance is a contract between
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