Maharashtra State BoardHSC Commerce 12th Board Exam
Advertisement Remove all ads

Write a Word Or Phrase Or a Term Which Can Substitute Each One of the Following: the Policy Under Which Cargo is Insured for a Specific Period and Voyage. - Organisation of Commerce and Management

One Line Answer
One Word Answer

Write a word or phrase or a term which can substitute the following:
The policy under which cargo is insured for a specific period & voyage.

Advertisement Remove all ads

Solution

The policy under which cargo is insured for a specific period & voyage - Mixed policy
Explanation:
Mixed policy is a combination of voyage policy and time policy. Voyage policy provides insurance for a particular voyage, irrespective of time. On the other hand, time policy is for a specific period of time.

Concept: Role of Transport
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 2 Business Services
Write a word or phrase | Q 7 | Page 83
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×