passwella.
Menu

WAEC Commerce 2014 Question 28

Question 28

Insurance

In insurance, risks that have no statistics for their calculations are

  1. A.insurable risks.
  2. B.certain risks.
  3. C.un-insurable risks.
  4. D.uncertain risks.
Show the answer and explanation

Answer: C (un-insurable risks.)

Explanation

Risks whose probability cannot be calculated cannot be insured.