JAMB Commerce 2020 Objective — Question 25

Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

25. Voyage loss is loss involved in a

A. A. Third party insurance
B. B. Motor insurance
C. C. Marine insuranceCorrect
D. D. Load insurance

Explanation

Voyage policy and time policy loss is involved in marine insurance. Marine insurance is a policy that covers transportation on water.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2020 Objective More Commerce past papers