Post Utme Covenant University 2018 Commerce Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A consumer protection agency has received a complaint from a customer who was sold a defective product. The product was sold for ₦50,000, and the customer is seeking a refund. If the product's market value is ₦30,000, what is the amount of compensation the customer is entitled to?

Answer Options

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

About This Question

This is Post Utme Covenant University 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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