Post Utme Bowen University 2020 Commerce Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 15 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A company has a business interruption insurance policy with a deductible of ₦50,000. If the company suffers a loss of ₦200,000, what is the amount payable under the policy?

Answer Options

A. ₦150,000
Correct Answer B. ₦175,000
C. ₦200,000
D. ₦225,000
Correct Answer
B
Correct Option:
₦175,000

About This Question

This is Post Utme Bowen University 2020 Commerce Question 15. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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