Post Utme Lasu 2021 Commerce Question 26

Practice objective / multiple choice question 26 from the 2021 Post Utme Lasu Commerce examination.

Post Utme Lasu 2021 Commerce Objective / Multiple Choice
Question 26 POST_UTME_LASU • 2021 • COMMERCE • objective

A company's sole trader is considering expanding its business by forming a partnership with another business owner. However, the sole trader is concerned about the potential risks involved in sharing profits and losses with a new partner. Which of the following risk management strategies would be most appropriate for the sole trader to consider?

Answer Options

A. Diversification
B. Hedging
C. Risk avoidance
Correct Answer D. Risk transfer
Correct Answer
D
Correct Option:
Risk transfer

About This Question

This is Post Utme Lasu 2021 Commerce Question 26. It is one of the objective questions from the 2021 Post Utme Lasu Commerce examination.

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