Post Utme Pan Atlantic University 2022 Commerce Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2022 Commerce Objective / Multiple Choice
Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • COMMERCE • objective

A firm is considering two insurance options: one that provides coverage for a specific event (e.g. fire) and another that provides coverage for a broader range of events (e.g. fire, theft, liability). Which option is more likely to result in higher premiums?

Answer Options

A. Specific event coverage
Correct Answer B. Broad range of event coverage
C. Both specific and broad range of event coverage
D. Neither specific nor broad range of event coverage
Correct Answer
B
Correct Option:
Broad range of event coverage

About This Question

This is Post Utme Pan Atlantic University 2022 Commerce Question 24. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Commerce examination.

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