Vidyalelo
Commerce · Q101

Insurance

Graduate and Post Graduate · Commerce · question 101

Q101

Insurance is legitimate

A.
When an adverse happening is likely
Answer
B.
When an adverse happening is unlikely
C.
When an adverse happening is certain
D.
In all the above three situations

Answer: Option A

Solution

Answer: Option A
Solution:
Insurance is legitimate when an adverse happening is likely toh happen.