Post Utme Abu 2024 Commerce Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2024 • COMMERCE • objective

The concept of insurance and risk management is closely related to the idea of protecting against financial losses. Which of the following is a correct example of a type of insurance?

Answer Options

A. Life insurance that pays a death benefit to the beneficiary.
B. Health insurance that covers medical expenses and hospital stays.
C. Disability insurance that provides income replacement in case of injury or illness.
Correct Answer D. Liability insurance that protects against lawsuits and financial losses.
Correct Answer
D
Correct Option:
Liability insurance that protects against lawsuits and financial losses.

About This Question

This is Post Utme Abu 2024 Commerce Question 23. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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