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3096

A computer accessory through which information can be retrieved is the

  • A. hard disk
  • B. input device
  • C. control unit
  • D. floppy disk
View Answer & Discuss JAMB 2013
3097

The difference between indemnity insurance and non-indemnity insurance is that the latter provides

  • A. cover for exporters against risks
  • B. cover for importers against risks
  • C. full payment to the insured
  • D. consolation payment to the insured
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3098

Use the table above to answer this question

If Mr. N takes a fire insurance policy with average clause, his compensation will be

  • A. N 5000
  • B. N 7, 500
  • C. N 70, 000
  • D. N 75, 000
View Answer & Discuss JAMB 2013
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3099

Use the above table to answer this question

What insurance principle has Mr P Violated if he decides to overstate the actual value of his property?

  • A. Indemnity
  • B. Insurable interest
  • C. Uberrimae fidei
  • D. Subrogation
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3100
The cost which is incurred asa result of failure to load or unload a ship at the ports within a specified period is referred to as
  • A. demurrage charges
  • B. premium charges
  • C. excess charges
  • D. trade charges
View Answer & Discuss (1) JAMB 2016
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