Post Utme Ksu 2022 Commerce Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Ksu Commerce examination.

Post Utme Ksu 2022 Commerce Objective / Multiple Choice

Question 24 POST_UTME_KSU • 2022 • COMMERCE • objective

A company in Nigeria engages in the sale of insurance policies. The company is required to comply with the provisions of the Insurance Act. Which of the following is a key provision of the Act?

Correct Answer A. The Act provides for the regulation of the sale of insurance policies.

B. The Act provides for the prohibition of the sale of insurance policies to minors.

C. The Act provides for the establishment of an Insurance Regulatory Authority.

D. The Act provides for the exemption of certain insurance policies from regulation.

Correct Answer

Correct Option:

The Act provides for the regulation of the sale of insurance policies.

This is Post Utme Ksu 2022 Commerce Question 24. It is one of the objective questions from the 2022 Post Utme Ksu Commerce examination.

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