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question_answer Discussion Board for a Question on Quiz: Commerce (WAEC 2010)

50 Questions · Public · Objective · Quiz suitable for all ages

13 Click Here To Discuss Question

Which of the following insurance principles states that a person must be in a position to suffer financially in the event of a loss?

Select 1 Option (1 Mks)
  • Proximate cause
  • Indemnity
  • Insurable interest
  • Subrogation
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