Post Utme Nile University 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Nile University Commerce examination.

Post Utme Nile University 2024 Commerce Objective / Multiple Choice
Question 24 POST_UTME_NILE_UNIVERSITY • 2024 • COMMERCE • objective

A company's insurance policy covers losses due to natural disasters, such as hurricanes and floods. However, the policy excludes losses due to earthquakes. What type of risk is the company exposed to?

Answer Options

A. Uninsurable risk
B. Insurable risk
Correct Answer C. Non-insurable risk
D. Self-insured risk
Correct Answer
C
Correct Option:
Non-insurable risk

About This Question

This is Post Utme Nile University 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Nile University Commerce examination.

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