Post Utme Lasu 2018 Commerce Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 18 POST_UTME_LASU • 2018 • COMMERCE • objective

A company's insurance policy covers losses due to fire, theft, and natural disasters. Which of the following is the primary purpose of this policy?

Answer Options

A. To reduce the risk of losses
B. To increase the company's assets
Correct Answer C. To provide financial protection
D. To improve the company's reputation
Correct Answer
C
Correct Option:
To provide financial protection

About This Question

This is Post Utme Lasu 2018 Commerce Question 18. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support