Post Utme Bells University 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Bells University Commerce examination.

Post Utme Bells University 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_BELLS_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering purchasing an insurance policy to mitigate risks. What is the primary purpose of insurance?

Answer Options

A. To increase revenue
B. To reduce costs
Correct Answer C. To transfer risk
D. To improve brand image
Correct Answer
C
Correct Option:
To transfer risk

About This Question

This is Post Utme Bells University 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Bells University Commerce examination.

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