Post Utme Covenant University 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice

Question 20 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering purchasing a liability insurance policy to protect against potential lawsuits. Which of the following is a key benefit of this type of insurance?

Answer Options

Correct Answer A. Reduced financial risk

B. Improved reputation and brand image

C. Enhanced customer trust and loyalty

D. Increased competitiveness in the market

Correct Answer

Correct Option:

Reduced financial risk

About This Question

This is Post Utme Covenant University 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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