Post Utme Lasu 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Lasu Commerce examination.

Post Utme Lasu 2022 Commerce Objective / Multiple Choice
Question 11 POST_UTME_LASU • 2022 • COMMERCE • objective

A company's sole trader is considering purchasing a liability insurance policy to cover potential losses due to business operations. What type of risk is the sole trader trying to mitigate?

Answer Options

Correct Answer A. Operational risk
B. Financial risk
C. Strategic risk
D. Compliance risk
Correct Answer
A
Correct Option:
Operational risk

About This Question

This is Post Utme Lasu 2022 Commerce Question 11. It is one of the objective questions from the 2022 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