Post Utme Babcock University 2024 Commerce Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice
Question 21 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

An exporter in Nigeria is considering shipping goods to a foreign country. The exporter has two options: Option A, which involves a 10% discount on the total cost of shipping, but requires a 20% deposit upfront; and Option B, which does not offer any discount, but requires only a 10% deposit upfront. If the total cost of shipping is ₦100,000, which option should the exporter choose to minimize the risk of financial loss?

Answer Options

Correct Answer A. Pay a 20% deposit upfront and receive a 10% discount on the total cost of shipping.
B. Pay a 10% deposit upfront and not receive any discount on the total cost of shipping.
C. Pay a 30% deposit upfront and receive a 15% discount on the total cost of shipping.
D. Pay a 15% deposit upfront and not receive any discount on the total cost of shipping.
Correct Answer
A
Correct Option:
Pay a 20% deposit upfront and receive a 10% discount on the total cost of shipping.

About This Question

This is Post Utme Babcock University 2024 Commerce Question 21. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.

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