Select the correct option and rewrite the completed sentence.
1) Door to door service is provided by _________ transport.
a) railway
b) road
c) air
Ans:- b) road
2) __________ creates time utility.
a) Warehouse
b) Transport
c) Government
Ans:- a) Warehouse
3) _____________ warehouses provide facilities for perishable commodities.
a) Bonded
b) Cold storage
c) Government
Ans:- b) Cold storage
4) _____________ policy covers all types of risks of a vessel while it is anchored at the port for a particular period of time.
a) Port risk
b) Voyage
c) Floating
Ans:- a) Port risk
5) Principle of ___________ is not applicable to life insurance.
a) insurable interest
b) utmost good faith
c) indemnity
Ans:- c) indemnity