Post Utme Unn 2024 Commerce Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 9 POST_UTME_UNN • 2024 • COMMERCE • objective

A business is considering entering into a contract with a supplier. The contract specifies that the supplier will deliver goods to the business within 30 days of receipt of payment. Which of the following is a type of risk that the business is exposed to?

Answer Options

Correct Answer A. Credit risk
B. Market risk
C. Operational risk
D. Reputational risk
Correct Answer
A
Correct Option:
Credit risk

About This Question

This is Post Utme Unn 2024 Commerce Question 9. It is one of the objective questions from the 2024 Post Utme Unn Commerce examination.

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