Post Utme Caleb University 2018 Commerce Question 20
Practice objective / multiple choice question 20 from the 2018 Post Utme Caleb University Commerce examination.
A company has purchased an insurance policy that covers against loss of goods in transit. The premium paid is ₦10,000 and the deductible is ₦5,000. If the company suffers a loss of ₦20,000, what is the amount paid by the insurance company?
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About This Question
This is Post Utme Caleb University 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Caleb University Commerce examination.
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