Question
What is the difference between a "condition" and a
"warranty" in an insurance policy?Solution
Breach of a condition can have more serious consequences than breach of a warranty. Breach of a condition can make the entire policy void, while breach of a warranty may only give the insurer the right to avoid the contract or deny a claim for the specific loss related to the breached warranty.
A managerial approach that entails a dominant authoritative personality and at the same time leader is sensitive about followers feeling is __________
What will be the impact on Return on Equity if cash is paid to the creditors?
What is the focus of the collaboration between IIT Madras and GIC Re in February 2023?
As per the revised instructions, the credit balance in any deposit account maintained with banks, which have not been operated upon for how many years o...
Which of the following is the utility of Equity Multiplier for the investor?
When can interest realized on NPAs be taken to the income account?
Which of the following centers serve clients from all over the world in the provision of the widest range of financial services?
The net profit of a company is 2,00,000, preference dividend € 25,000, and taxes paid 15,000. The number of equity shares is 1,00,000. The earnings pe...
Which one is not a recognised key skill of management?
The Reserve Bank of India (RBI) proposed a four-year road map starting 2025-26 for regulated entities (REs) to disclose climate-related financial risks ...
