Business Studies, asked by Shazzy12345, 1 year ago

VIABILITY AND RELEVANCY OF INSURANCE PRODUCTS SOLD TO INDIVIDUALS AND BUSINESSES

Answers

Answered by sharinkhan
0
Insurance is simply a product to transfer risk from a person who cannot bear the risk to a person who is willing to bear that risk. To compensate the latter, the former pays a commission known as an insurance premium. It helps business in a long run to maintain stability
Answered by TheEmma
0

Explanation:

here is your answer

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The maintenance of law and order in district is the principal duty of the District Collector. ... As an Executive Magistrate, he was responsible for the maintenance of law and order and as a JudicialMagistrate, he was responsible for the trial of criminal and civil cases by interpreting the laws.

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