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Commerce Insurance Difficulty: Medium

Whose obligation is to pay claim?

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What happens to a continuing guarantee in case of surety's death? Re-ordering level = Maximum consumption × . . . . . . . . If the prime cost is Rs. 50,000 and factory cost will Rs. 70,000 and office overhead is 50% of factory overhead, then the production cost will be Which authority has right to rectify the mistakes? Cash withdrawn by the proprietor for his personal use should be debited to