Post Utme Elizade University 2021 Commerce Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2021 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ELIZADE_UNIVERSITY • 2021 • COMMERCE • objective

A company's sole trader is considering purchasing a new vehicle for business use. The vehicle costs ₦5 million and has a 5-year warranty. What type of insurance policy would the sole trader most likely purchase to cover the vehicle?

Answer Options

Correct Answer A. Comprehensive Insurance
B. Third-Party Insurance
C. Fire and Theft Insurance
D. Public Liability Insurance
Correct Answer
A
Correct Option:
Comprehensive Insurance

About This Question

This is Post Utme Elizade University 2021 Commerce Question 34. It is one of the objective questions from the 2021 Post Utme Elizade University Commerce examination.

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