Utme 2018 Commerce Question 18

Practice objective / multiple choice question 18 from the 2018 Utme Commerce examination. This question covers Insurance .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Insurance
Question 18 UTME • 2018 • COMMERCE • objective

The major determinant of fire insurance premium is the

Answer Options

A. usefulness of the property to the owner
Correct Answer B. type and structure of the property to be insured
C. extent of fixed damage anticipated
D. owner of the property to be insured
Correct Answer
B
Correct Option:
type and structure of the property to be insured

About This Question

This is Utme 2018 Commerce Question 18. It is one of the objective questions from the 2018 Utme Commerce examination.

The question covers Insurance .

Difficulty level: 2 .

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