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What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared
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Here you can find the meaning of What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice What is the primary distinction between the "subject matter of insurance" and the "subject-matter of insurance contract," as mentioned in the text?a)The subject matter of insurance is the property being insured, while the subject-matter of the insurance contract is the premium amount.b)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the property being insured.c)There is no distinction between the two terms; they are synonymous.d)The subject matter of insurance is the premium amount, while the subject-matter of the insurance contract is the legal form of the contract.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.