Post Utme Crawford University 2022 Commerce Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

A firm has a risk management policy that requires it to pay a premium of ₦500 for every ₦1000 of assets. If the firm has ₦500,000 in assets, how much premium will the firm pay?

Answer Options

A. ₦2500
Correct Answer B. ₦5000
C. ₦7500
D. ₦10,000
Correct Answer
B
Correct Option:
₦5000

About This Question

This is Post Utme Crawford University 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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