WAEC Commerce 2013 Objective — Question 17
Question 17 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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An insurance policy that covers the body of the ship only is called
- A. Haulage insurance
- B. Voyage insurance
- C. Hull insuranceCorrect
- D. cargo insurance
Explanation
Hull insurance covers the ship itself and not the cargoes on it.
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