Post Utme Nile University 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Nile University Commerce examination.

Post Utme Nile University 2018 Commerce Objective / Multiple Choice
Question 21 POST_UTME_NILE_UNIVERSITY • 2018 • COMMERCE • objective

A company's marketing strategy involves creating a new product line to target a specific demographic. However, the production costs are high, and the company is concerned about the potential loss if the product does not sell well. Which of the following insurance products would best mitigate this risk?

Answer Options

A. Product Liability Insurance
B. Business Interruption Insurance
C. Key Person Insurance
Correct Answer D. Contingency Insurance
Correct Answer
D
Correct Option:
Contingency Insurance

About This Question

This is Post Utme Nile University 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Nile University Commerce examination.

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