Post Utme Achievers University 2019 Commerce Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2019 Commerce Objective / Multiple Choice
Question 29 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • COMMERCE • objective

A company's insurance policy covers the risk of damage to its property due to fire. However, the policy excludes damage caused by flood. What type of risk is this?

Answer Options

A. Specified Peril
B. Unspecified Peril
Correct Answer C. Excluded Risk
D. Covered Risk
Correct Answer
C
Correct Option:
Excluded Risk

About This Question

This is Post Utme Achievers University 2019 Commerce Question 29. It is one of the objective questions from the 2019 Post Utme Achievers University Commerce examination.

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