Post Utme Covenant University 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A business owner is considering purchasing insurance to protect against potential losses. What is the primary benefit of purchasing insurance?

Answer Options

Correct Answer A. Reduced financial risk
B. Increased business revenue
C. Improved employee morale
D. Enhanced market competitiveness
Correct Answer
A
Correct Option:
Reduced financial risk

About This Question

This is Post Utme Covenant University 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

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