4
QuizMultiple Choice

N/A — Exam

Question 4 • Economics

Insurance offers consumers

Answer
A
income to help start a new business venture.
B
a guarantee that a business will succeed.
C
full reimbursement after business setbacks.
D
protection from the costs of unplanned events.

Explanation

Insurance helps protect consumers from the financial costs of unexpected events, such as accidents, illness, or property damage. It does not guarantee business success or necessarily reimburse every loss in full. Therefore, the correct choice is protection from the costs of unplanned events.

AI-written and checked against the verified answer.

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