WAEC Commerce 2021 Objective — Question 31
Question 31 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.
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Which of the following business risks would an insurance firm not cover for an entrepreneur?
- A. Theft
- B. Fire
- C. Loss of goods in transit
- D. Change in consumers' tasteCorrect
Explanation
Change in consumer taste cannot be insured against because it cannot be measured; theft, fire and transit loss are insurable.
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