Question
The person other than the insured or insurer who has
incurred losses or is entitled to receive payment due to acts or omissions of the insured is called?Solution
A third party is an individual or entity that is involved in a transaction but is not one of the principals and has a lesser interest. An example of a third party would be the escrow company in a real estate transaction that acts as a neutral agent collecting the documents and money that the buyer and seller exchange when completing the transaction. As another example, if a debtor owes a creditor a sum of money and hasn't been making the scheduled payments, the creditor is likely to hire a third party, a collection agency, to ensure that the debtor honours his agreement.
In which year did tractor manufacturing start in India?
Paddy and straw are an example of
Micronutrients are better absorbed and more bioavailable from:
In C4 plants, the primary carboxylation takes place by using ___ enzymeÂ
Among the following, which one is the Arabica Coffee………………….
Which of the following act as a regulator of agricultural produce market?
Stolon, Runners, suckers are examples of
The daily dietary nutrient intake level that is sufficient to meet the nutrient requirements of nearly all healthy individuals is called:
When Marginal cost is at lowest, Marginal product will be:
Maximum, minimum and optimum temperatures are collectively termed as