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Commerce · Q265

Insurance

Graduate and Post Graduate · Commerce · question 265

Q265

By helping a client in settlement of a claim, the agent earns _________ of the claimant.

A.
Peace
B.
Affection
C.
Wrath
D.
Goodwill
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Goodwill is the established reputation of a business and regarded as a quantifiable asset. It is calculated as a part of its value when it is sold.