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With the exception of life assurance and personal accident insurance, contracts of insurance are contracts...

Commerce
WAEC 1990
With the exception of life assurance and personal accident insurance, contracts of insurance are contracts of?
  • A. premium
  • B. indemnity
  • C. proximate cause
  • D. utmost good faith
  • E. general average cause
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Correct Answer: Option B
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now