Commerce
JAMB 2013
An undertaking given by a person to another assuring his integrity is
-
A.
proximate cause
-
B.
fidelity guarantee
-
C.
subrogation
-
D.
insurable interest
Correct Answer: Option B
Explanation
fidelity guarantee; an undertaking to answer for the payment or performance of another person's debt or obligation in the event of a default by the person primarily responsible for it.
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