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JAMB Commerce 2019 Objective — Question 27

Question 27 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2019 Objective paper, with the correct answer and a full explanation.

Coverage against unexpected events is called

A. assurance
B. re-insurance
C. insuranceCorrect
D. warranty

Explanation

Insurance is a policy undertaken to provide cover for an unforeseen contingency.

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