in Finance by (257k points)

Question: The main cause of loss or damage is _____________.

Options:

  1.  Proximate cause
  2.  Indirect Loss
  3.  Consequential loss
  4.  All of these

Please log in or register to answer this question.

1 Answer

+1 vote
by (735k points)
selected by
 
Best answer

1. Proximate cause

The main cause of loss or damage is Proximate cause.


More information:

Proximate Cause is an key principle of insurance, which helps in deciding how the loss or damage happen. It is concerned with how the loss or damage actually occurred.

So, the main cause of loss or damage is Proximate cause.

Related questions

...