Post Utme Osustech 2018 Commerce Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Osustech Commerce examination.

Post Utme Osustech 2018 Commerce Objective / Multiple Choice
Question 13 POST_UTME_OSUSTECH • 2018 • COMMERCE • objective

A company's insurance policy covers losses due to fire. Which of the following is a key factor in determining the premium rate?

Answer Options

A. The company's assets value
Correct Answer B. The company's risk exposure
C. The insurance company's profit margin
D. The government's tax rate
Correct Answer
B
Correct Option:
The company's risk exposure

About This Question

This is Post Utme Osustech 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Osustech Commerce examination.

View More Post Utme Osustech 2018 Commerce Questions More Post Utme Osustech Practice Questions Back to Questions

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