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 & ExplanationQuestion 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 & ExplanationQuestion 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 & ExplanationQuestion 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 & ExplanationQuestion 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