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1. •People insure things that arevaluable to them and that wouldcost a lot of money to replace ifthey were stolen or damaged insome way 2.  Insurance is a way of protecting…

1. •People insure things that arevaluable to them and that wouldcost a lot of money to replace ifthey were stolen or damaged insome way 2.  Insurance is a way of protecting…

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j' 6-. l., Roll No ,............... ~1AY 2010 IPCO GROUP-I PAPBR-1 ACCOUNTING Total No. of Questions~6] [Total No. of Printed Pages~8 .. Time Allowed~3 Hours Maximum…