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Which service protects businesses against loss or damage during the shipment of goods?

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Question

Which service protects businesses against loss or damage during the shipment of goods?

Options

  • Transport

  • Warehousing

  • Insurance

  • Banking

MCQ
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Solution

Insurance

Explanation:

Insurance reduces business risk by providing coverage against unexpected events, such as theft, damage, or loss, during the transportation or storage of goods.

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