Post Utme Caleb University 2023 Commerce Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2023 Commerce Objective / Multiple Choice
Question 9 POST_UTME_CALEB_UNIVERSITY • 2023 • COMMERCE • objective

A consumer protection agency has identified a company that has been engaging in unfair business practices. The agency has the power to impose a fine of up to ₦5 million on the company. If the company has a net worth of ₦10 million, what is the maximum percentage of its net worth that the fine represents?

Answer Options

Correct Answer A. 50%
B. 50%
C. 50%
D. 50%
Correct Answer
A
Correct Option:
50%

About This Question

This is Post Utme Caleb University 2023 Commerce Question 9. It is one of the objective questions from the 2023 Post Utme Caleb University Commerce examination.

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