Post Utme Elizade University 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2017 Commerce Objective / Multiple Choice
Question 29 POST_UTME_ELIZADE_UNIVERSITY • 2017 • COMMERCE • objective

A company is considering the purchase of a new insurance policy to protect against potential losses. What type of insurance policy would be most suitable for the company, and why?

Answer Options

A. Liability insurance to protect against lawsuits
B. Property insurance to protect against damage to assets
Correct Answer C. Business interruption insurance to protect against losses due to business closure
D. Workers' compensation insurance to protect against employee injuries
Correct Answer
C
Correct Option:
Business interruption insurance to protect against losses due to business closure

About This Question

This is Post Utme Elizade University 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Elizade University Commerce examination.

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