The consideration in insurance for covering the risk is called ………….

Related MCQs

• . ……………is the party who undertakes the risk in insurance.
• The party whose risk is covered in insurance is known as ……….
• . …………..is an agreement between two insurance companies whereby one transfers a part of risk to other.
• Shares issued by a company to its employees or directors in consideration of ‘Intellectual Property Rights’ are called :
• Purchase consideration can be calculated by…
• If vendors are issued fully paid shares of 1,25,000 in consideration of net assets of ?1,50,000, the balance of 25,000 will be credited to :
• The amount payable to a person as consideration for the use of rights vested in him is
• Which of these items are taken into consideration for preparation of adjusted Cash Book
• If the Assets of A ltd having Book Value of Rs 10,00,000 are taken over at Rs 15,00,000 and Liabilities having a book value of Rs 5,00,000 are taken over at Rs 4,00,000 than Purchase Consideration payable would be
• Which of the following branches, taking into consideration the scope of authority and responsibility, prepares its own independent final accounts?