Question 31 Not yet Samy purchased a living room set for OMR1,000. The fire destroyed 50% of the set. How much will Samy receive from answered Marked out of 1.00 insurance company P Flag question OMR 500 Question 32 Ahmed discount cceptor Salma is to Not yet answered pay the amount ma did not pay on None of these Marked out of 1.00 the due date, wil sney to the bank? P Flag question OMR 1,000 OMR 750 Question 33 Question 32 Ahmed discounts the bill with the bank. The acceptor Salma is to Not yet answered Marked out of 1.00 pay the amount to the bank on due date. If Salma did not pay on the due date, who is responsible to pay the money to the bank? P Flag question Question 33 None of these ses of the principle of indemnity include Not yet answered Marked out of 1.00 Salma ysical hazards Flag question insured from profiting insurance No one Question 34 Ahmed Not yet hich requires the borrower to open a answered Question 33 Not yet answered 1. Fundamental purposes of the principle of indemnity include which of the following? Marked out of 1.00 To reduce physical hazards P Flag question II- To prevent the insured from profiting insurance Answe Question 34 Ide Not yet quires the borrower to open a ble asset as security? answered spe II only Marked out of 1.00 Flag question Neither I nor 11 Both I and II Question 35 Not yet in I only mount is payable answered Question 34 Identify the type of loan which requires the borrower to open a Not yet answered special account and pledge tangible asset as security? Marked out of 1.00 P Flag question Cash Credit Question 35 Term Loan policy amount is payable: Not yet answered Marked out of 1.00 None of these P Flag question Bank O/D 26 Question 35 Not yet In general insurance, the policy amount is payable: answered Marked 1.00 P Fla questi Only when the insured has attained a certain age Questi Not ye After the death of the insured answe Marke 1.00 P Fla questi After the expiry of the policy period Only when the loss occurs or liability arises Question 36 Not yet Salma accepted a bill of exchange for OMR 3,000 due on 3rd July 2021 after the days of grace. When is she supposed to pay the bill? answered Marked out of 1.00 P Flag question None of these Question 37 d by ABC bank, from the data given Not yet answered 12.2020 Marked out of 1.00 1st of July 2021 OMR P Flag question 500,000 4th of July 2021 37,000 340,000 2nd of July 2021 105,000