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Commerce Past Questions and Answers

Post Utme Commerce Questions

Question 91:
One likely outcome of deregulation in telecommunications is:
  • A Prevention of private participation
  • B Elimination of customer choices
  • C Reduction of market competition
  • D Increase in service providers
View Answer & Explanation
Question 92:
One major objective of deregulation policies is:
  • A Elimination of business competition
  • B Improvement of service delivery
  • C Reduction of consumer choices
  • D Prevention of private investment
View Answer & Explanation
Question 93:
The insured risk in life assurance is:
  • A Death of policyholder
  • B Transport business delay
  • C Reduction in dividends
  • D Warehouse stock shortage
View Answer & Explanation
Question 94:
One reason businesses insure assets is:
  • A Increase in production costs
  • B Protection against uncertainties
  • C Reduction of customer patronage
  • D Elimination of all expenses
View Answer & Explanation
Question 95:
Reinsurance helps insurance companies to:
  • A Spread very large risks
  • B Reduce compensation claims
  • C Eliminate policyholders fully
  • D Increase transport charges
View Answer & Explanation