Utme 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Utme Commerce examination. This question covers Insurance .

Utme 2017 Commerce Objective / Multiple Choice 2 Difficulty

Topic: Insurance

Question 12 UTME • 2017 • COMMERCE • objective

Pooling of risk in insurance means that

A. two people can pool their risks to be insured

Correct Answer B. compensation are paid out of a common fund

C. insurance companies should encourage taking risks

D. two insurance companies can buy two policies

Correct Answer

Correct Option:

compensation are paid out of a common fund

This is Utme 2017 Commerce Question 12. It is one of the objective questions from the 2017 Utme Commerce examination.

The question covers Insurance .

Difficulty level: 2 .

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