Utme 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Utme Commerce examination. This question covers Insurance .

Utme 2025 Commerce Objective / Multiple Choice 2 Difficulty

Topic: Insurance

Question 10 UTME • 2025 • COMMERCE • objective

The principle of subrogation states that an insured person should be indemnified to the tune of the amount insured

Correct Answer A. an insurance company can stand in place of the insured in dealing with third party

B. only a person who is likely to suffer loss should take out an insurance cover

C. there must be a close connection between the actual loss suffered and risk insured.

Correct Answer

Correct Option:

an insurance company can stand in place of the insured in dealing with third party

This is Utme 2025 Commerce Question 10. It is one of the objective questions from the 2025 Utme Commerce examination.

The question covers Insurance .

Difficulty level: 2 .

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