FIRE INSURANCE WHAT IS FIRE INSURANCE? Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure
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The Columbian Exchange The Columbian Exchange is a global exchange of goods and ideas between the Old World‚ Europe‚ Asia and Africa. When Columbus first discovered America‚ Spain wanted to set up colonies. Columbus found some people that he named “Indians.” Their colonies started to trade with each other starting the Columbian Exchange. Many countries were involved in this trade‚ including China‚ Africa and Italy. This exchange of new ideas‚ traditions‚ food‚ religion and diet changed cultures
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Definition of ’Commodities Exchange’ An entity‚ usually an incorporated non-profit association‚ that determines and enforces rules and procedures for the trading of commodities and related investments‚ such as commodity futures. Commodities exchange also refers to the physical center where trading takes place. A commodities exchange is an exchange where various commodities and derivatives products are traded. Most commodity markets across the world trade in agricultural products and other raw
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returned because a policy of insurance is a contract of indemnity. Second if the insurer does not run the risk‚ the consideration for which the premium or money was put into his hand‚ fails‚ and therefore he ought to return it. Another rule is that if the risk of the contract of indemnity has once commenced‚ there shall be no apportionment or return of the premium afterwards. 2. Explain difference of insurance and wages ? (6/10) Answer : Insurance contract are : ❖ The
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The Columbian Exchange The Columbian Exchange was one of the most important events in history. After millions of years of total separation‚ the cultures of the west and east hemisphere differ greatly. Each side had its time to develop many different and unique plants and animals. The Columbian Exchange was the mixing of these two cultures‚ from both the “New World” and the “Old World”. Although these two cultures mixed‚ the “Old World” got the better end of the exchange by far. The Eastern
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BILLS OF EXCHANGE According to Indian Negotiable Instrument Act‚ “ A bill of exchange is an instrument in writing‚ an unconditional order‚ signed by the maker‚ directing a certain person to pay a certain sum of money only to or to the order of certain person or to the bearer of the instrument.” CHARACTERISTICS Bills of exchange has got the following features: 1. An Unconditional order It is an order by the drawer (creditor) to his drawee {debtor) without any condition
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Movement of the currencies In the foreign exchange market A Research Proposal Presented Marie Nica L. Enopia English Department Adamson University In Partial Fulfillment of the Requirements for English II By Ara Joy Gamo Charlene Nitura Jude Christian Rivera Hazel Rosalejos Ronald Santosidad Angel Mae Sitoy March 2014 TABLE OF CONTENT Title Page … Table of Content…2 Introduction…3 Conceptual framework…4 Statement of the problem…5
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Fire Insurance | | | | Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure of the loss. The
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Columbian Exchange has been one of the significant events in the history of world ecology‚ agriculture‚ and culture. The term is used to describe the enormous...Premium Columbian Exchangeand David Northrup. The Earth and Its People. 3rd ed. Vol. 2. Boston: Charles Hartford‚ 2005. 418-573. 4."The Columbian Exchange." Calstatela.edu. 18 Feb. 2006...Premium Columbian ExchangeAmerica weather the Europeans came or not. This is the only negative affect that occurred out of the Columbian Exchange. Europeans
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Ads related to role of internet in culture exchange Cultural Exchange - gng.org www.gng.org/programs/overview/ We use technology to bring youth from around the world face-to-face. Cultural Experience - aiesec.org www.aiesec.org/ Gain cultural experience Choose from 100 countries Search Results Cultural change and the Internet | Serendip Studio serendip.brynmawr.edu › Home › Blogs › bluebox ’s blog Dec 17‚ 2010 - With the Internet‚ the average
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