BECE Business Studies 2024 Objective — Question 14
Question 14 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.
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The financial institutions that reduce risks associated with business are called ______.
- A. commercial banks
- B. discount houses
- C. insurance companiesCorrect
- D. microfinance banks
- E. pension administrators
Explanation
Insurance companies cover business risks.
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