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Commerce Insurance Difficulty: Medium

Which of the following statements are true in the context of contract of guarantee? Debentures cannot be ________. Minimum number of members in case of private companyis Next year, sales may rise, fall or remain the same as this year, with the following respective probabilities: 0.56, 0.23 and 0.21. The probability of sales remaining the same or falling is: Subsequent expenditures that extend the useful life, improve the quality of output, or reduce operating costs of an existing asset beyond their originally estimated levels are