Home » Commerce » When an assured is unable to honor his obligation in an insurance contract thereby terminating…When an assured is unable to honor his obligation in an insurance contract thereby terminating… When an assured is unable to honor his obligation in an insurance contract thereby terminating it before maturity he could only receive A. indemnity B. the sum insured C. the surrender value D. compensation E. premium Correct Answer: Option C Explanation Related Posts A ‘duty bill’ is used to indicate whether the goods arriving a port are…….. The element of the marketing mix are The performance of business activities that directs the flow of goods and services from the… A trader’s turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the… A document signed by a customs officer of the exporting country to confirm the country… Money is generally accepted for transactions due to
