Post Utme Unilorin 2024 Commerce Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2024 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UNILORIN • 2024 • COMMERCE • objective

A company's insurance and risk management strategy involves the following elements: risk assessment, risk mitigation, and risk transfer. Which of the following insurance products would be most effective in transferring risk?

Answer Options

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

About This Question

This is Post Utme Unilorin 2024 Commerce Question 29. It is one of the objective questions from the 2024 Post Utme Unilorin Commerce examination.

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