Post Utme Unilorin 2024 Commerce Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2024 Commerce Objective / Multiple Choice
Question 26 POST_UTME_UNILORIN • 2024 • COMMERCE • objective

A sole trader's business is affected by the following risks: market risk, credit risk, and operational risk. Which of the following insurance products would be most effective in mitigating these risks?

Answer Options

A. Liability Insurance
Correct Answer B. Business Interruption Insurance
C. Professional Indemnity Insurance
D. Public Liability Insurance
Correct Answer
B
Correct Option:
Business Interruption Insurance

About This Question

This is Post Utme Unilorin 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Unilorin Commerce examination.

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