Post Utme Igbinedion University 2018 Commerce Question 19
Practice objective / multiple choice question 19 from the 2018 Post Utme Igbinedion University Commerce examination.
A company purchases an insurance policy to protect against losses due to natural disasters. However, the insurance policy has a high deductible, which the company must pay out of pocket before the insurance company will cover any losses. Which of the following insurance and risk management principles is most relevant to this situation?
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About This Question
This is Post Utme Igbinedion University 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.
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