Post Utme Nile University 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Nile University Commerce examination.

Post Utme Nile University 2021 Commerce Objective / Multiple Choice

Question 20 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

An insurance policy is a contract between an insurer and an insured party. What is the primary purpose of an insurance policy?

Answer Options

Correct Answer A. To provide financial protection against losses

B. To provide financial rewards for good behavior

C. To provide financial incentives for investment

D. To provide financial assistance for education

Correct Answer

Correct Option:

To provide financial protection against losses

About This Question

This is Post Utme Nile University 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.

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