Commerce · Q102

Insurance

Graduate and Post Graduate · Commerce · question 102

Q102

Insurance benefits replace

A.

All physical losses, in full

B.

All physical losses, partly

C.

All monetary losses, in full

D.

The monetary losses, but only to some extent

Answer

Answer: Option D

Solution

Answer: Option D

Solution:

Insurance benefits replace the monetary losses, but only to some extent.

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