Post Utme Nile University 2023 Commerce Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Nile University Commerce examination.

Post Utme Nile University 2023 Commerce Objective / Multiple Choice
Question 37 POST_UTME_NILE_UNIVERSITY • 2023 • COMMERCE • objective

The concept of 'moral hazard' in insurance refers to the _______________________ of risk-taking behavior by individuals or businesses when they are protected by insurance.

Answer Options

Correct Answer A. Increase
B. Decrease
C. No change
D. Uncertainty
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Nile University 2023 Commerce Question 37. It is one of the objective questions from the 2023 Post Utme Nile University Commerce examination.

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