WAEC Commerce 2012 Objective — Question 26
Question 26 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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One of the principles of insurance enables
- A. a consequential loss
- B. fidelity guarantee
- C. proximate causeCorrect
- D. surrender value
Explanation
Proximate cause is one of insurance principle which states that the cause of loss must be related to the policy insured.
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