6. Which is most WRONG in explaining insurance?
A. Insured has an insurable interest when loss of or damage would cause the insurer to cover the loss. B. Open cover is most flexible if goods are moved regularly in a fixed time. C. Cargo insurance covers loss of or damage to goods while in transit by land, sea and air. D. Applying CIF and CIP, the seller can take out insurance for 100% of the value of the goods.
- 1 A
- 2 B
- 3 C
- 4 D