Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this...

Commerce

JAMB 2011

Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this implies that?

A. the loss should be borne by the insurer
B. Mr. Lawal is liable only for half of the estimated loss
C. the insurer should make a consolation payment for the loss
D. the loss should be borne by Mr. Lawal

JAMB CBT Mobile App 2025 - Free Download

JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!

WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076

Correct Answer: Option D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Can I get the formulas for the topic of work function? Answer this

0 Answers · Physics · 1 hour ago
differentiate between the energy levels and spectra of atoms? Answer this

2 Answers · Physics · 3 years ago
what does it mean to be eagle eyed? Answer this

3 Answers · English Language · 3 hours ago

Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this...

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In