Post Utme Bowen University 2024 Commerce Question 39
Practice objective / multiple choice question 39 from the 2024 Post Utme Bowen University Commerce examination.
A company's insurance policy covers losses due to fire, theft, and natural disasters. The policy has a deductible of ₦50,000 and a premium of ₦200,000 per year. If the company suffers a loss of ₦150,000 due to fire, how much will the insurance company pay?
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About This Question
This is Post Utme Bowen University 2024 Commerce Question 39. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.
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