Post Utme Joseph Ayo Babalola University 2018 Commerce Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2018 Commerce Objective / Multiple Choice
Question 33 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A business owner is considering purchasing a liability insurance policy to protect against potential lawsuits. What is the primary purpose of this type of insurance?

Answer Options

A. To protect against property damage
B. To cover business interruption costs
Correct Answer C. To defend against lawsuits and financial losses
D. To fund employee salaries
Correct Answer
C
Correct Option:
To defend against lawsuits and financial losses

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

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