Post Utme Wellspring University 2024 Commerce Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice

Question 18 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A company has purchased an insurance policy to protect against business risks. What is the primary purpose of this policy?

Answer Options

Correct Answer A. To reduce the financial impact of business risks

B. To increase the company's revenue

C. To improve the company's reputation

D. To reduce the company's tax liability

Correct Answer

Correct Option:

To reduce the financial impact of business risks

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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