Post Utme Bells University 2025 Commerce Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Bells University Commerce examination.

Post Utme Bells University 2025 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BELLS_UNIVERSITY • 2025 • COMMERCE • objective

A business owner purchases an insurance policy to protect against losses due to fire. The policy has a deductible of ₦50,000. If the business suffers a loss of ₦200,000 due to fire, how much will the insurance company pay?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Bells University 2025 Commerce Question 36. It is one of the objective questions from the 2025 Post Utme Bells University Commerce examination.

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