JAMB Commerce 2014 Objective — Question 20

Question 20 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2014 Objective paper, with the correct answer and a full explanation.

A trader who experienced loss through fire can be restored by

A. an insurance companyCorrect
B. a trade association
C. the bank
D. an advertising agency

Explanation

A trader who experiences loss by fire can be restored by an insurance company if he has taken fire insurance policy before the incident.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2014 Objective More Commerce past papers