Post Utme Caleb University 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2020 • COMMERCE • objective

A company's insurance policy has a deductible of ₦10,000. If the company incurs a loss of ₦50,000, what is the amount the insurance company pays?

Answer Options

Correct Answer A. ₦40,000
B. ₦30,000
C. ₦20,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Caleb University 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Caleb University Commerce examination.

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