JSCE Business Studies 2024 Objective — Question 16

Question 16 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

______ is a financial provision made to protect individual and organization from loses which might be caused by unforeseen events.

A. Accident
B. InsuranceCorrect
C. Protection
D. Properties

Explanation

Insurance protects people and organisations against losses from unforeseen events.

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