Banking and Finance(1) Takaful premiums are Select one: O a. recognized as deposits that must be returned to the participants at the end of business year
Banking and Finance(1) Takaful premiums are Select one: O a. recognized as deposits that must be returned to the participants at the end of business year
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Banking and Finance(1)
Takaful premiums are
Select one:
O a. recognized as deposits that must be returned to the participants at the end of business
year
O b. considered as trust held by the operator on behalf of the participants
c. paid in return for an insurance cover
d. all of the options
Next pas](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F72774c42-e4c5-43fc-a6af-05b0e3e19ac1%2F6c8d6f57-209d-46a9-bbe8-b03287aff1b1%2Fxjuwj0h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Banking and Finance(1)
Takaful premiums are
Select one:
O a. recognized as deposits that must be returned to the participants at the end of business
year
O b. considered as trust held by the operator on behalf of the participants
c. paid in return for an insurance cover
d. all of the options
Next pas
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