No products in the cart.

Anil purchased a new office in …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Anil purchased a new office in Bengaluru, and decided to take a double insurance policy far it. He got his office insured with Company A for R 2 crores and with Company B far 3 crores. Due to negligence of the security guards , a theft occurred in his office, and many laptops and other electronic gadgets were stolen. The amount of loss was pstimated to be 50 lakh . Anil has decided to file for a claim with both the insurance companies for 50 lakh each.

Posted by Sujal Singh 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

3 answers

Hridya Ramnani 3 months, 3 weeks ago

No he can't take 50 lakh from each company. According to principle of contribution, both the companies will contribute and compensate for the loss.

Abhishek Malik 4 months, 1 week ago

Yes

Abhishek Malik 4 months, 1 week ago

Yed

ANSWER

http://mycbseguide.com/examin8/

Related Questions

Case study on aloe vera project

Posted by Gahena Tejwani 1 month ago

CBSE > Class 11 > Business Studies

1 answers

Electronic limited has a loss of rupees 1500000 to pay they are short of the fund so they are trying to find means to arrange funds their managers suggested the claim from the insurance company against the stock lost due to fire in warehouse he actually mean that they can put the house on the fire and claim from the insurance companies against talk in short they will use the claim money to pay the alone right to values which the company ignore fly planning to arrange money from false claim and

Posted by Kaur Kaur 1 month, 1 week ago

CBSE > Class 11 > Business Studies

0 answers

Explain the recent mode of communication

Posted by Sumit Rajwade 1 month, 1 week ago

CBSE > Class 11 > Business Studies

1 answers

OLX and qickr are examples of well-known websites used to conduct business. Tarasha’s sofa set got spoiled in the rain. Her friend suggested that she should change the fabric so that it looks new and put it for sale on Olx. Tarasha followed her friend’s advice and got her sofa repaired so that it looked better and uploaded nicely clicked pictures on the website without disclosing the fact that it was damaged from the inside. She found a buyer and sold it for Rs 10,000. After five days the buyer found the real state of the sofa set and calle

Posted by Ankita Chawla 1 month, 1 week ago

CBSE > Class 11 > Business Studies

1 answers

Case study on small business and enterprises

Posted by Xyz .. 3 weeks, 6 days ago

CBSE > Class 11 > Business Studies

0 answers

Raise of finance from owners fund for a period of ten years

Posted by Ananya Patel 1 week, 3 days ago

CBSE > Class 11 > Business Studies

2 answers

After completing a course in gemology, Esha joins her father in the family business of fashion Jewellery. Her father owns two showrooms at different locations in the city and operates his business through them. However, Esha intends to expand the business by venturing into online retailing. She also intends to intend to introduce flexible manufacturing with the use of computer networks wherein the marketing department can interact constantly with the production department and get the customized products made as per the requirements of the individual customer.(i)Identify the mode of business that Esha intends to adopt different from the one that her father has been following over the years.(ii)Differentiate between the two different modes of business as identified in point (i) by giving any three points.

Posted by Dimpy Luthra 1 month, 1 week ago

CBSE > Class 11 > Business Studies

1 answers

Case study on jackfruit from south

Posted by Marleyn Saravanan 1 month ago

CBSE > Class 11 > Business Studies

0 answers

Partnership has outlined it's utility it is no more required Explain your opinion on the validity of statement

Posted by Dimpy Luthra 1 month, 1 week ago

CBSE > Class 11 > Business Studies

1 answers

What is M.S.M.E.D act

Posted by Shaurya Saxena 1 month, 1 week ago

CBSE > Class 11 > Business Studies

1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Question Paper Creator

Create papers in minutes
Print with your name & Logo
Download as PDF
5 Lakhs+ Questions
Solutions Included
Based on CBSE Syllabus
Best fit for Schools & Tutors

Test Generator

Test Generator

Create papers at ₹10/- per paper

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App