Post Utme Aaua 2023 Commerce Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Aaua Commerce examination.

Post Utme Aaua 2023 Commerce Objective / Multiple Choice
Question 12 POST_UTME_AAUA • 2023 • COMMERCE • objective

The concept of 'moral hazard' in insurance refers to the situation where

Answer Options

Correct Answer A. A policyholder takes unnecessary risks because they are insured
B. An insurer takes unnecessary risks because they are insured
C. A policyholder takes necessary risks because they are insured
D. An insurer takes necessary risks because they are insured
Correct Answer
A
Correct Option:
A policyholder takes unnecessary risks because they are insured

About This Question

This is Post Utme Aaua 2023 Commerce Question 12. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.

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