Que. 1 : Q1) What is also communication of false information similar to libel but in a verbal form?
1. a) Slander
2. b) Libel
3. c) Assault
4. d) None of these
Que. 2 : Q2) The term ___________ connotes specific responsibilities and obligations which can be enforced by law.
1. a) Depreciation
2. b) Accounting management
3. c) Legal liability
4. d) None of these
Que. 3 : Q3) Which of the following is correct about tort?
1. a) Grounds-Criminal wrongdoing
2. b) Initiating party-victim
3. c) Law-Penal code
4. d) Purpose-Punishment to criminal
Que. 4 : Q4) The reimbursement for funeral expenses is enhanced from ____________.
1. a) Rs.1,000 to Rs.2,000
2. b) Rs.1,500 to Rs.3,000
3. c) Rs.2,500 to Rs.5,000
4. d) Rs.5,000 to Rs.7,000
Que. 5 : Q5) The Errors and omission liability policy is subject to a deductible. such deductible may be:
1. a) A specified percentage of the limit of indemnity
2. b) A specified percentage of the limit of exclusion
3. c) A specified percentage of the limit of policy excess
4. d) None of the above
