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Commerce Insurance Difficulty: Medium

State the correct position in a missing assured death claim

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Goods which are used or intended to be used in the course or furtherance of business are: The question contains two statement. One is Assertion (A) and the other is Reason (R) . You have to examine both the statements carefully and decide whether the Assertion (A) and Reason (R) are separately true? and If so, then Reason is the correct explanation of the Assertion . Mark these items in the balance sheet. Assertion (A) Balance sheet does not reveal ownership of business. Reason (R) Assets are just unrefined cost. Calculate the BEP in units from the following figures Sales price Rs. 15/unit Variable cost Rs. 8/unit Fixed cost Rs. 14,000 Unit produced 6,000 . . . . . . . . is online identity theft. The profitability of public-sector banks is low due to (i) Over-cautions approach to lending (ii) Reserve Bank Policies (iii) High Overhead Costs (iv) Social-sector lending Identify the correct option: