Question

Which traders paid extra money to their lenders to write off loans if shipments were lost or stolen?

a.

Traders of Babylon

b.

Traders of Bharuch

c.

Traders of Rhodes

d.

Chinese traders

Posted under IC38 Life Insurance Agent Exam

Answer: (a).Traders of Babylon Explanation:Traders of Babylon paid extra money to their lenders to write off their loans if shipments were lost or stolen.

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Q. Which traders paid extra money to their lenders to write off loans if shipments were lost or stolen?
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