Post Utme Covenant University 2018 Commerce Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice
Question 30 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering the use of a new insurance policy to reduce risk and increase financial stability. The company has identified several options, including a liability insurance policy and a business interruption insurance policy. Which of the following is a key feature of a liability insurance policy?

Answer Options

Correct Answer A. Protection against financial loss
B. Protection against physical damage
C. Protection against reputational damage
D. Protection against regulatory fines
Correct Answer
A
Correct Option:
Protection against financial loss

About This Question

This is Post Utme Covenant University 2018 Commerce Question 30. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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