Which of the following business risks would an insurance firm not cover for an entrepreneur?

Commerce

WAEC 2021

A. Theft
B. Fire
C. Loss of goods in transit
D. Change in consumers' taste

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Your School's Whatsapp Group - Join Us now

Correct Answer: Option D

Explanation

The change in consumers' taste is not a risk covered by any insurance policy as this is a dynamic and uncontrollable problem that can not be indemnified

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

if 5^(2x)=125 find x? Answer this

3 Answers · Mathematics · 4 days ago
how does post utme looks like and what are the subjects required for a medical student? Answer this

2 Answers · 2 days ago
What are the male and female reproductive hormones in animals? Answer this

4 Answers · Agricultural Science · 2 days ago

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Which of the following business risks would an insurance firm not cover for an entrepreneur?

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In