a) -The policy cannot be assigned to anybody else
b)-Policy is a contract of indemnity
c)-The policy is usually renewable / short contract /term
d)-Insured must have insurable interest
e)-The policy has no surrender value
f)-Compensation attached to actual value of loss / to the sum insured.
lydiajane74 answered the question on October 23, 2017 at 07:44
- State four purposes of a three column cash book.(Solved)
State four purposes of a three column cash book.
Date posted: October 23, 2017. Answers (1)
- State features and characteristics of a departmental store.(Solved)
Highlight features and characteristics of a departmental store.
Date posted: October 23, 2017. Answers (1)
- State four objectives of export processing zones in Kenya(Solved)
State four objectives of export processing zones in Kenya
Date posted: October 23, 2017. Answers (1)
- Highlight four disadvantages of producer co-operative societies.(Solved)
Highlight four disadvantages of producer co-operative societies.
Date posted: October 23, 2017. Answers (1)
- Outline four monetary methods that the government can use to control inflation. (Solved)
Outline four monetary methods that the government can use to control inflation.
Date posted: October 23, 2017. Answers (1)
- Highlight four circumstances which may make personal selling appropriate as a way of product
Promotion(Solved)
Highlight four circumstances which may make personal selling appropriate as a way of product
Promotion
Date posted: October 23, 2017. Answers (1)
- Outline four demerits of using pipeline to transport petroleum products.(Solved)
Outline four demerits of using pipeline to transport petroleum products.
Date posted: October 23, 2017. Answers (1)
- State four components of a business plan. (Solved)
State four components of a business plan.
Date posted: October 23, 2017. Answers (1)
- State four merits of using indirect taxes to raise government revenue. (Solved)
State four merits of using indirect taxes to raise government revenue.
Date posted: October 23, 2017. Answers (1)
- State four limitations of using national income statistics to compare the standards of living in different
countries.(Solved)
State four limitations of using national income statistics to compare the standards of living in different
countries.
Date posted: October 23, 2017. Answers (1)
- Highlight four measures that the government would undertake to provide investors with an enabling business
environment.(Solved)
Highlight four measures that the government would undertake to provide investors with an enabling business
environment.
Date posted: October 23, 2017. Answers (1)
- Highlight four ways in which manufacturers can enhance consumer protection. (Solved)
Highlight four ways in which manufacturers can enhance consumer protection.
Date posted: October 23, 2017. Answers (1)
- Explain five demerits of direct taxation(Solved)
Explain five demerits of direct taxation
Date posted: October 23, 2017. Answers (1)
- Explain five benefits of an enclosed plan(Solved)
Explain five benefits of an enclosed plan
Date posted: October 23, 2017. Answers (1)
- Explain five internal diseconomies of scale to firm as a result of expansion(Solved)
Explain five internal diseconomies of scale to firm as a result of expansion
Date posted: October 23, 2017. Answers (1)
- Explain five advantages of trade liberalization(Solved)
Explain five advantages of trade liberalization
Date posted: October 23, 2017. Answers (1)
- State and explain conditions that favour the effective use of price discrimination (Solved)
State and explain conditions that favour the effective use of price discrimination
Date posted: October 22, 2017. Answers (1)
- What are the characteristics of monopolistic competition?(Solved)
What are the characteristics of monopolistic competition?
Date posted: October 22, 2017. Answers (1)
- Explain four possible reasons why people start up business enterprise(Solved)
Explain four possible reasons why people start up business enterprise
Date posted: October 22, 2017. Answers (1)
- Describe five types of advertising techniques used in product promotion(Solved)
Describe five types of advertising techniques used in product promotion
Date posted: October 21, 2017. Answers (1)