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Which term describes the practice of paying a sum of money as compensation for loss?

Which term describes the practice of paying a sum of money as compensation for loss?
asked 125k views
3 votes
Which term describes the practice of paying a sum of money as compensation for loss?

asked
User Naresh
by
7.0k points

2 Answers

7 votes

Answer:

C.

indemnity

Step-by-step explanation:

A.

face value

B.

basic value

C.

indemnity

answered
User Omar Gonzales
by
9.0k points
7 votes
The question has no choices. But the term describes the practice of paying a sum of money as compensation for loss is called indemnity.
answered
User Paco Wong
by
7.9k points
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