Post Utme Afe Babalola University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • COMMERCE • objective

A company's insurance policy has a deductible of ₦50,000 and a maximum payout of ₦200,000. If the company incurs a loss of ₦300,000, what is the amount the insurance company will pay?

Answer Options

Correct Answer A. ₦150,000
B. ₦160,000
C. ₦170,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Afe Babalola University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Commerce examination.

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