1. Home
  2. 11th Class - CBSE
  3. Business Studies
  4. Private, Public and Global Enterprises
  5. Question
Business Studies
ASSERTION

The floating policy protects the policyholders against errors and omissions.

REASON

Goods are insured even if policyholders fails to report that goods have already been forwarded from the place of shipment.

A
Both Assertion and Reason are true and Reason is the correct explanation of Assertion
B
Both Aassertion and Reason are true and R is not the correct explanation of Assertion
C
Assertion is true but Reason is false
D
Assersion is false but Reason is true
ANSWER

Both Aassertion and Reason are true and R is not the correct explanation of Assertion


SOLUTION
reasons If you choose not to rebuild your home, you may receive a smaller settlement amount than if you were to rebuild. Homeowner's insurance is settled as actual cash value, meaning settlements are diminished according to depreciation, unless you have a replacement cost endorsement.
View Full Answer

Its FREE, you're just one step away

Assertion & Reason Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 146
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which of the following function can a statutory corporation perform?
  • A. Acquire property on its own name
  • B. Enter into contract
  • C. Get sued or can sue
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises

1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 TRUE/FALSE Medium
The government company cannot enter into contract or acquire property in its own name.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises

1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
Short Answer Type Questions: Explain the features of a government company.

Asked in: Business Studies - Private, Public and Global Enterprises

1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Subjective Medium
Explain the following Principles of management, as advocated by Henry Fayol:
Order

Asked in: Business Studies - Private, Public and Global Enterprises

1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
________ can also be described as any form of association which implies collaboration for more than a transitory period.
  • A. Joint venture
  • B. Licensing
  • C. Contract Manufacturing
  • D. Wholly Owned Subsidiaries

Asked in: Business Studies - Private, Public and Global Enterprises

1 Verified Answer | Published on 18th 08, 2020

View Answer
Online Maths Coaching with Eduzip Academy