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Commerce · Q2571

Accounting

Graduate and Post Graduate · Commerce · question 2571

Q2571

Consider the following statements: I. Workmen's compensation and third party insurance are examples of guarantee insurance II. Re-insurance is more common under fire and marine insurance Which of the statements given above is/are correct?

A.
I only
B.
II only
C.
Both I and II
Answer
D.
Neither I nor II

Answer: Option C

Solution

Answer: Option C
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