Post Utme Ksu 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Ksu Commerce examination.

Post Utme Ksu 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_KSU • 2019 • COMMERCE • objective

A company purchases a liability insurance policy that covers up to ₦1 million in case of any unforeseen event. What type of risk is the company trying to mitigate?

Answer Options

A. Credit risk
B. Liquidity risk
C. Operational risk
Correct Answer D. Liability risk
Correct Answer
D
Correct Option:
Liability risk

About This Question

This is Post Utme Ksu 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Ksu Commerce examination.

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