Post Utme Pan Atlantic University 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2017 Commerce Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • COMMERCE • objective

The 'principle of insurable interest' in insurance means

Answer Options

Correct Answer A. the policyholder must have a financial interest in the insured asset
B. the policyholder must have a personal interest in the insured asset
C. the policyholder must have a legal interest in the insured asset
D. the policyholder must have a moral interest in the insured asset
Correct Answer
A
Correct Option:
the policyholder must have a financial interest in the insured asset

About This Question

This is Post Utme Pan Atlantic University 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Commerce examination.

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