Post Utme Caleb University 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 12 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A consumer purchases a product with a 2-year warranty. If the product fails within the warranty period, the consumer is entitled to a replacement or refund. What type of risk is the consumer exposed to?

Answer Options

A. Market risk
B. Credit risk
C. Operational risk
Correct Answer D. Product liability risk
Correct Answer
D
Correct Option:
Product liability risk

About This Question

This is Post Utme Caleb University 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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