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Commerce Past Questions and Answers

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Commerce Questions

Question 1466:

Which o the following is not an attribute of an effective business manager?

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A Empathy
B Subjectivity
C Altrumism
D Objectivity
E Self awareness

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Question 1467:

Prior to the issue of a certificate on a motor insurance contract, the insured is issued with?

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A A licence of insurance
B Insurance policy certificate
C A cover note
D A simple receipt
E An invoice

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Question 1468:

The worth of a life insurance policy be maturity date is known as?

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A Principal value
B Surrender value
C Accumulated value
D Prepaid value
E Accrued value

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Question 1469:

Under the law of insurance, exemption causes?

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A Enable the insurance to claim on the insurance company
B Protect the insurance company under the contract
C Guard against occurrence of the insured events
D Protect a third party under the contract
E Protect the insured against the insurance company

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Question 1470:

The insured is the?

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A Insurance company
B Insurance company's client
C Insurance broker
D Insurance agent
E Insurance manager

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