Post Utme Afe Babalola University 2020 Commerce Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2020 Commerce Objective / Multiple Choice
Question 11 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader's business is exposed to various risks, including market risk, credit risk, and operational risk. Which of the following is the most appropriate risk management strategy for a sole trader?

Answer Options

A. Diversification
B. Hedging
Correct Answer C. Insurance
D. Diversification and Hedging
Correct Answer
C
Correct Option:
Insurance

About This Question

This is Post Utme Afe Babalola University 2020 Commerce Question 11. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Commerce examination.

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