The commission on Insurance Terminology of the American Risk and insurance Association defines insurance as the pooling of fortuitous losses by transfer of such risks as insurers, who agree to indemnify insurers for such loses to provide other preliminary benefits on their occurrence, or to render services connected with risk.
skilled writter answered the question on May 1, 2018 at 16:09
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State six functions of money
Date posted:
May 1, 2018
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Differentiate between money and wealth.
(Solved)
Differentiate between money and wealth.
Date posted:
May 1, 2018
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Answers (1)
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Explain five ways in which privatization would be beneficial to country
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May 1, 2018
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Outline differences between hypermarkets and departmental stores.
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Importance of national income to an economy
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Importance of national income to an economy
Date posted:
April 30, 2018
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Discuss some of the process for assessing risk
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Discuss some of the process for assessing risk
Date posted:
April 29, 2018
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State the rights and duties of a partner in partnership type of business
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State the rights and duties of a partner in partnership type of business.
Date posted:
April 29, 2018
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(a)Define partnership (b)State characteristics of partnership
(Solved)
a)Define partnership
b)State characteristics of partnership
Date posted:
April 29, 2018
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Answers (1)
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(a)Define sole proprietorship (b)state the features of sole proprietorship (c)Explain the formation of sole proprietorship (d)state the sources of capital of sole proprietorship (d)Explain the management of sole proprietorship
(Solved)
a)Define sole proprietorship
b)State the features of sole proprietorship
c)Explain the formation of sole proprietorship
d)State the sources of capital of sole proprietorship
e)Explain the management of sole proprietorship
Date posted:
April 29, 2018
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Answers (1)
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Define a business unit
(Solved)
Define a business unit
Date posted:
April 29, 2018
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Answers (1)
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Give five differences between public corporation and public limited company
(Solved)
Give five differences between public corporation and public limited company.
Date posted:
April 28, 2018
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Answers (1)
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Outline ways in which peace in a country can enhance entrepreneurial development
(Solved)
Outline ways in which peace in a country can enhance entrepreneurial development.
Date posted:
April 28, 2018
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Outline the differences between a bondholder and shareholder
(Solved)
Outline the differences between a bondholder and shareholder.
Date posted:
April 28, 2018
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Answers (1)
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Outline five ways in which business is useful to community
(Solved)
Outline five ways in which business is useful to community.
Date posted:
April 28, 2018
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Explain five reasons why consumers need protection against malpractices by some traders
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Explain five reasons why consumers need protection against malpractices by some traders.
Date posted:
April 28, 2018
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Explain the four banking systems
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Explain the four banking systems.
Date posted:
April 27, 2018
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(Solved)
State the functions of a risk manager.
Date posted:
April 27, 2018
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State the importance of risk management
(Solved)
State the importance of risk management
Date posted:
April 27, 2018
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Explain four types of hazards
Date posted:
April 27, 2018
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Explain the categories of risks
(Solved)
Explain the categories of risks
Date posted:
April 27, 2018
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Answers (1)