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Question 1 Report
| NAME | INSURED AMOUNT(₦) |
ACTUAL VALUE(₦) |
ACTUAL LOSS(₦) |
| Mr. P Mr. K Mr. R |
25,000 30,000 40,000 |
100,000 120,000 150,000 |
30,000 40,000 50,000 |
What insurance principle has Mr. R violated if he decides to overstate the actual value of his property?
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A communication satellite creates a communication channel between a source transmitter and a receiver at different locations on Earth. It is the technology behind the transmission of telephone services that are put across various parts of the world.
It relays and amplifies radio telecommunication signals via a transponder
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Use the information below to answer this question
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What is the capital employed?
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When two or more companies agree to execute a project too large for one to handle, this is referred to as
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The macro-environmental forces of a business are made up of economic factors, demographic forces, technological factors, natural and physical forces, political and legal forces, and social and cultural forces.
The economic factors may include costs such as wages, interest rates, governmental activity, laws, policies, and tax rates. It posed as a constraint to the business environment because it is beyond the control of the business.
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Use the information below to answer this question
A B C Balance Sheet as at 31/12/2004
| ? | ? | ||
| Share capital | 200,000 | Fixed assets | 180,000 |
| Reserves | 100,000 | Investment | 100,000 |
| Long term liabilities | 40,000 | Current assets | 50,000 |
| Current liabilities | 30,000 | Fictitious assets | 40,000 |
| 370,000 | 370,000 |
The total sum of financing short term projects is
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn
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Given:
I. Retail
II. Export
III. Transport
IV. Import
V. Insurance
VI. Banking and finance
VII. Wholesale
VIII. Communication.
Which of the above are aids to trade?
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The type of communication from a superior to a subordinate in an organization is referred to as
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The principle of span of control stipulates that?
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In the law of contract, specific performance is the act whereby a court issues an order requiring a party to perform a specific action, such as to complete the performance of the contract.
Hauwa could easily sue Chibuzor for not keeping her own end of the agreement and compel her to deliver the dress as promised.
Question 40 Report
| NAME | INSURED AMOUNT(N) |
ACTUAL VALUE(N) |
ACTUAL LOSS(N) |
| Mr. P Mr. K Mr. R |
25,000 30,000 40,000 |
100,000 120,000 150,000 |
30,000 40,000 50,000 |
Use the table above to answer questions 27 and 28
If Mr. P takes a fire insurance policy with average clause, his compensation will be
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