Post Utme Redeemers University 2024 Commerce Question 31
Practice objective / multiple choice question 31 from the 2024 Post Utme Redeemers University Commerce examination.
A sole trader's business is exposed to a risk of loss due to a fire that could damage the business premises. The sole trader has two options to mitigate this risk: Option A, purchasing fire insurance, or Option B, installing a fire alarm system. Which option is more effective in reducing the risk of loss?
Answer Options
About This Question
This is Post Utme Redeemers University 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Redeemers University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.