Post Utme Lasu 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Lasu Commerce examination.

Post Utme Lasu 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_LASU • 2021 • COMMERCE • objective

A sole trader's business is exposed to various risks, including market risk, credit risk, and operational risk. Which of the following is the most appropriate risk management strategy for a sole trader?

Answer Options

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

About This Question

This is Post Utme Lasu 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Lasu Commerce examination.

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