Post Utme Unilag 2023 Commerce Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Unilag Commerce examination.

Post Utme Unilag 2023 Commerce Objective / Multiple Choice

Question 30 POST_UTME_UNILAG • 2023 • COMMERCE • objective

A company has purchased an insurance policy to cover its business risks. Discuss the types of risks that the policy should cover and the importance of regular policy reviews.

Correct Answer A. The policy should cover all types of business risks, including property damage, liability, and business interruption.

B. The policy should only cover property damage and liability risks.

C. The policy should only cover business interruption risks.

D. The policy should not cover any business risks as they are not insurable.

Correct Answer

Correct Option:

The policy should cover all types of business risks, including property damage, liability, and business interruption.

This is Post Utme Unilag 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Unilag Commerce examination.

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