Post Utme Futo 2024 Commerce Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Futo Commerce examination.

Post Utme Futo 2024 Commerce Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2024 • COMMERCE • objective

The diagram below illustrates a type of insurance policy that is commonly used to cover against the risk of loss or damage to goods during transportation. What is the name of this type of policy?

Answer Options

Correct Answer A. All-Risk Policy
B. Cargo Insurance Policy
C. Marine Insurance Policy
D. Transportation Insurance Policy
Correct Answer
A
Correct Option:
All-Risk Policy

About This Question

This is Post Utme Futo 2024 Commerce Question 23. It is one of the objective questions from the 2024 Post Utme Futo Commerce examination.

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