Post Utme Caleb University 2017 Commerce Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 23 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A firm has decided to purchase an insurance policy to protect itself against losses due to natural disasters. What type of risk is this firm trying to mitigate?

Answer Options

A. Operational Risk
B. Strategic Risk
Correct Answer C. Financial Risk
D. Compliance Risk
Correct Answer
C
Correct Option:
Financial Risk

About This Question

This is Post Utme Caleb University 2017 Commerce Question 23. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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