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1.Explain the fundamental principles of the law of insurance (10mks) 2.A group of people who want to start a business as a partnership seek your

1.Explain the fundamental principles of the law of insurance (10mks)

2.A group of people who want to start a business as a partnership seek your advice on the following

a)How to start a business (5mks)

b)What are the disadvantages of forming a partnership as compared to other businesses (5mks)

Advise them on a) and b) above.

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