HAZARD
Hazard can be defined as any occurrence that can either cause or increase the likelihood of a loss. It is referred to as the definite appearance with features that can influence the severity of loss. TYPES OF HAZARD A)…
INSURANCE PREMIUM
MEANING OF UNDERWRITING This is the process by which insurers assess the proposed risk presented for insurance protections towards the acceptance of the risk or its rejection if it does not meet certain conditions. It is also to determine what…
SUBROGATION
INTRODUCTION The principle of subrogation plays an important role in the operation of insurance contract. It has been said earlier in this book that essence of insurance is to put the insured back to the position he was before a…
CPU OBJECTIVE QUESTIONS
1) The motherboard is the _ a) circuit board that houses peripheral devices. b) same as the CPU chip. c) the first chip that is accessed when the computer is turned on. d) circuit board that contains…
INTERNET OBJECTIVE QUESTIONS
1) If you want to connect to your own computer through the Internet from another location, you can use: a) e-mail. b) FTP. c) instant message. d) Telnet. 2) An e-mail address typically consists of…
BASIC PROGRAMMING 2 OBJECTIVE QUESTIONS
1) The proper operator precedence, from first to last, is: a) logical, comparison and arithmetic. b) arithmetic, comparison and logical. c) arithmetic, logical and comparison. d) comparison, arithmetic and logical. 2) Which statements are optional…
ALGORITHMS AND FLOWCHART OBJECTIVE QUESTIONS
1) The step-by-step instructions that solve a problem are called _ a) an algorithm. b) a list. c) a plan. d) a sequential structure. 2) Algorithm and flow chart help us to _ a) know…
Study Guide
