Post Utme Caleb University 2025 Commerce Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2025 Commerce Objective / Multiple Choice
Question 34 POST_UTME_CALEB_UNIVERSITY • 2025 • COMMERCE • objective

A firm's insurance policy has a deductible of ₦5,000. If the firm's annual premium is ₦50,000, what is the expected value of the insurance policy?

Answer Options

A. ₦45,000
Correct Answer B. ₦50,000
C. ₦55,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Caleb University 2025 Commerce Question 34. It is one of the objective questions from the 2025 Post Utme Caleb University Commerce examination.

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