Utme 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Utme Commerce examination. This question covers Insurance .

Utme 2021 Commerce Objective / Multiple Choice 2 Difficulty

Topic: Insurance

Question 16 UTME • 2021 • COMMERCE • objective

The major determinant of fire insurance premium is the

A. usefulness of the property to the owner

Correct Answer B. type and structure of the property to be insured

C. owner of the property to be insured

D. extent of fire damage anticipated

Correct Answer

Correct Option:

type and structure of the property to be insured

This is Utme 2021 Commerce Question 16. It is one of the objective questions from the 2021 Utme Commerce examination.

The question covers Insurance .

Difficulty level: 2 .

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