Post Utme Caleb University 2022 Commerce Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2022 Commerce Objective / Multiple Choice
Question 38 POST_UTME_CALEB_UNIVERSITY • 2022 • COMMERCE • objective

A company's liability insurance policy has a deductible of ₦50,000. If the company incurs a loss of ₦200,000, what is the amount of the insurance claim?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦150,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Caleb University 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Caleb University Commerce examination.

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