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Newton's third law states that "For every action, there is an equal and opposite reaction." The statement means that in every interaction, there is a pair of forces acting on the two interacting objects. The size of the forces on the first object equals the size of the force on the second object. The direction of the force on the first object is opposite to the direction of the force on the second object. So harder the stone is kicked, the harder will be its effect on the hitter.
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
Which among the following principle states about the Individual who should be benefitted from the insured item?
Which principle specifies an insured should not collect more than the actual cash value of a loss?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
All Risks Insurance is commonly used to cover:
In which year all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central government?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
A policy that covers loss or damage to a householder's property is:
What are physical hazards in underwriting?
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
