JAMB Commerce 2013 Objective — Question 14

Question 14 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2013 Objective paper, with the correct answer and a full explanation.

An undertaking given by a person to another assuring his integrity is

A. fidelity guaranteeCorrect
B. subrogation
C. insurable interest
D. proximate clause

Explanation

Fidelity means trustworthiness while guarantee means assurance. Fidelity guarantee is therefore the assurance given by one person about the worthiness of a third party.

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