Post Utme Igbinedion University 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • COMMERCE • objective

A company is considering the use of a new insurance policy to protect against business risks. The company is evaluating the costs and benefits of different types of insurance policies, including liability insurance, property insurance, and business interruption insurance. Which of the following is the most important factor to consider when making this decision?

Answer Options

A. The cost of the insurance policy
Correct Answer B. The level of risk protection provided by the policy
C. The coverage limits of the policy
D. The deductible amount of the policy
Correct Answer
B
Correct Option:
The level of risk protection provided by the policy

About This Question

This is Post Utme Igbinedion University 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Igbinedion University Commerce examination.

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