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(a) Total constructive marine loss: When a ship and/or its cargo are totally damaged but can
be retrieved
(b) General average marine loss: This is when some of the cargo are jettisoned into sea
deliberately to save the ship and rest of the cargo from sinking
Kavungya answered the question on April 3, 2019 at 09:26
- State four reasons why few Kenyan take out life assurance policy(Solved)
State four reasons why few Kenyan take out life assurance policy
Date posted: April 3, 2019. Answers (1)
- The following are description of various insurance policies. Identify the name of the policy
described by the statement:
Description ...(Solved)
The following are description of various insurance policies. Identify the name of the policy
described by the statement:
Description Policy
1 Covers an organization against losses which might
arise as a result of debtors failure to pay their debts
2 Covers for the loss of profit due to interruption of
business activities as a result of fire
3 Covers employees who may suffer injuries while on
official duties
4 Covers partial or total physical disability caused to a
person due to injury
Date posted: April 3, 2019. Answers (1)
- Give the significance of the following principles to both the insurer and insured
i) Utmost good faith
ii) Indemnity.....
iii) Contribution
iv) Insurable interest..(Solved)
Give the significance of the following principles to both the insurer and insured
i) Utmost good faith
ii) Indemnity.....
iii) Contribution
iv) Insurable interest..
Date posted: April 3, 2019. Answers (1)
- Kazi moto insured a motor vehicle against fire with MotoMoto company by paying
Kshs.300.000. later the car was destroyed at a garage and a compensation of...(Solved)
Kazi moto insured a motor vehicle against fire with MotoMoto company by paying
Kshs.300.000. later the car was destroyed at a garage and a compensation of Kshs. 400,000
were paid. Using insurance terms, state what each of the following stand for ;
a) Kazi Moto
b) Fire
c) Kshs 300,000
d) Moto Moto Company
Date posted: April 3, 2019. Answers (1)
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State four advantages of warehousing to a retailer
Date posted: April 3, 2019. Answers (1)
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State four functions of the purchases department of a warehouse.
Date posted: April 3, 2019. Answers (1)
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Outline four circumstances that would hinder a warehouse from functioning effectively.
Date posted: April 3, 2019. Answers (1)
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Date posted: April 3, 2019. Answers (1)
- The following are special delivery services provided by the post office:-post rest ante,
speed post, business reply service, express delivery. Match each description with the term
a)...(Solved)
The following are special delivery services provided by the post office:-post rest ante,
speed post, business reply service, express delivery. Match each description with the term
a) The arrangements to deliver the mail starts at the sender’s post office
b) The arrangement to deliver the mail starts at the addressees post office
c) Services offered to travelers who wish to receive correspondence while away from home
d) Service that relieves the customer of postage expenses
Date posted: April 3, 2019. Answers (1)
- Bucket ltd is an international pharmaceutical company. Under what circumstances can the firm
send its products to customers by air transport?(Solved)
Bucket ltd is an international pharmaceutical company. Under what circumstances can the firm
send its products to customers by air transport?
Date posted: April 3, 2019. Answers (1)
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Date posted: April 3, 2019. Answers (1)
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Highlight four other services offered by G4S Limited(Solved)
G4S Limited Company offer courier services to provide safe transportation services.
Highlight four other services offered by G4S Limited
Date posted: April 3, 2019. Answers (1)
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Outline three features of tramps that distinguish them from other sea transporters
Date posted: April 3, 2019. Answers (1)
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State four circumstances that make rail transport more desirable than road
Date posted: April 3, 2019. Answers (1)
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State four reasons why some local authorities in Kenya find it difficult to provide public utilities
Date posted: April 3, 2019. Answers (1)
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State four reasons why some local authorities in Kenya find it difficult to provide public utility
Date posted: April 3, 2019. Answers (1)
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Outline four measures the government can take to encourage investments in this region(Solved)
Local leaders would like to see more business enterprises established within Ugenya.
Outline four measures the government can take to encourage investments in this region
Date posted: April 3, 2019. Answers (1)
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Date posted: April 3, 2019. Answers (1)
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Date posted: April 3, 2019. Answers (1)
- You have been charged with a duty of preparing an article of Association for your company;
state four items that you will include in your article...(Solved)
You have been charged with a duty of preparing an article of Association for your company;
state four items that you will include in your article of Association
Date posted: April 3, 2019. Answers (1)