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WAEC Commerce 2017 Objective — Question 46

Question 46 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

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46. Which of the following is a type of marine insurance?

  • A. A. endowment
  • B. B. hullCorrect
  • C. C. accident
  • D. D. fidelity

Explanation

Hull insurance protect the owners against loss caused by damage or destruction of waterborne craft or aircraft.

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