Commerce quiz

Identify the wrong purpose of insurance.

• Risk Reduction

• Insurable Interest

• Compensation

• Financial Protection

Choose the correct Insurance principle.

• Contribution

• Business Confidence

• Investment

• Forecasting Losses

Which of these methods are related to written communication?

• notices

• Email

• cell phones

• interview

write 1 purpose of advertising ?

what is the advantage of using Ferries transportation?

• Some ferries

  are unstable in

  bad weather

• Accidents involving ferries are not uncommon

• They can be used by trucks and lorries to transport goods between countries

• They usually operate to a fixed timetable so they lack flexibility

Many businesses promote products at the

True or False: Utmost good faith applies to both in insurer and the insured

• TRUE

• FALSE

what is the purpose of advertising and promotion?

What is the use of pipelines in transport?

• To transport liquids such as fuel through long distances

• Transport through canals, rivers and large lakes.

• To transport people and goods through pipes.

• To sail across the sea by sailing on pipelines to carry goods