Post Utme Commerce Questions
Question 96:
One major reason people take insurance policies is to:
- A Avoid premium payments
- B Guarantee yearly profits
- C Reduce financial uncertainty
- D Eliminate all business risks
Question 97:
A government selling shares in an electricity company is practicing:
- A Reduction of commercial activities
- B Elimination of industrial policies
- C Nationalization of private business
- D Privatization of public enterprise
Question 98:
Fidelity guarantee insurance protects businesses from:
- A Warehouse fire outbreaks
- B Machinery production faults
- C Transport accident damages
- D Employee dishonesty losses
Question 99:
Commercialization differs from privatization because commercialization:
- A Retains government ownership structure
- B Eliminates profit-making objectives
- C Transfers ownership to investors
- D Removes management accountability
Question 100:
At the collapse of a business enterprises, the person appointed to dispose of the assets is called
- A A liquidator
- B An auditor
- C A broker
- D An auctioneer