Explain the following insurance terms; (a) proximate cause (b) surrender value (c) contribution (d) utmost good faith (e) premium

If a share is quoted ex-div, it means the new buyer would

Which of the following is not the function of commerce

An insurance principle that prevents a person from insuring what he does not stand to lose financially if the insured risk occurs is

A document used as a polite way of refusing credit is

Voyage policy insurance is associated with

Which of the following will be suitable for hire purchase sale?

A person who earns extra commission for guaranteeing debts is a

Carriage forward on an invoice means