One reason businesses insure assets is: - SchoolNGR

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One reason businesses insure assets is:

One reason businesses insure assets is:

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Increase in production costs
B Protection against uncertainties
C Reduction of customer patronage
D Elimination of all expenses

Correct Answer: Option B

Explanation:
Insurance protects business assets from unexpected financial losses caused by accidents or disasters.

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