Post Utme Babcock University 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2017 Commerce Objective / Multiple Choice
Question 6 POST_UTME_BABCOCK_UNIVERSITY • 2017 • COMMERCE • objective

A company's sole trader has been sued for negligence in the storage of goods. The company's insurance policy has a deductible of ₦50,000. If the company is liable for ₦200,000, what is the amount the company must pay out of pocket?

Answer Options

A. ₦50,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Babcock University 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.

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