Post Utme Coal City University 2025 Commerce Question 18
Practice objective / multiple choice question 18 from the 2025 Post Utme Coal City University Commerce examination.
A company is considering two insurance policies: Policy A has a premium of ₦50,000 per year and covers up to ₦1,000,000 in damages, while Policy B has a premium of ₦30,000 per year and covers up to ₦500,000 in damages. If the company expects to incur damages of ₦750,000, which policy should it choose?
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About This Question
This is Post Utme Coal City University 2025 Commerce Question 18. It is one of the objective questions from the 2025 Post Utme Coal City University Commerce examination.
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