A. Security against damages loss, or injury
B. A legal exemption from liability for damages
C. Compensation for damages loss, or injury suffered
D. All of these
Related Mcqs:
- When stock market is falling it is_______________?
A. Bearish
B. Bullish
C. Crash
D. Fall down - GNP is_______________?
A. Total sales in the economy
B. Total monetary transactions in an economy
C. The market value of all goods and services produced in an economy
D. Total spending in an economy - The crop most susceptible to frost is_______________?
A. Wheat
B. red gram
C. cotton
D. black gram - Which term is used for a bank account which can be operated at will ?
A. Saving Account
B. Fixed account
C. Current account
D. Fluctuated account - Which term is used for the value imprinted on a security ?
A. Real value
B. Net value
C. Par value
D. Gross value - What is called the centers around the ability of a national economy to generate enough interests and principal on its foreign debt ?
A. National economic risk
B. Country economic risk
C. Country finance risk
D. Foreign exchange risk - Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?
A. Redemption
B. Guarantee
C. Repo
D. Repurchase arrangements - Term the group of countries that have removed all restrictions on trade among themselves?
A. Close-Trade zone
B. Free-trade zone
C. Both of them
D. None of them - The smallest unit of ownership of a company is______________?
A. A share
B. A debenture
C. Invest
D. Capital - Which of the following must always balance ?
A. Balance of visible trade
B. Balance of invisible trade
C. Balance on the current account
D. Balance of payments
