Post Utme Caleb University 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A company's insurance policy covers losses due to natural disasters. However, the policy has a 30-day waiting period before coverage begins. What type of risk is the company exposed to during this waiting period?

Answer Options

A. Market risk
B. Credit risk
C. Operational risk
Correct Answer D. Contingent business interruption risk
Correct Answer
D
Correct Option:
Contingent business interruption risk

About This Question

This is Post Utme Caleb University 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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