Post Utme Crawford University 2019 Commerce Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A company has a business interruption insurance policy that covers losses due to fire. If the company's premises are damaged by fire and the policy pays out ₦1 million, what is the company's deductible?

Answer Options

A. ₦100,000
B. ₦200,000
Correct Answer C. ₦500,000
D. ₦1 million
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Crawford University 2019 Commerce Question 15. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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