Post Utme Eksu 2019 Commerce Question 6
Practice objective / multiple choice question 6 from the 2019 Post Utme Eksu Commerce examination.
A company is considering two different insurance policies to cover its business operations. Policy A has a premium of ₦1,500 per year and a deductible of ₦5,000. Policy B has a premium of ₦2,000 per year and a deductible of ₦2,000. If the company expects to incur an average annual loss of ₦10,000, which policy should it choose?
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About This Question
This is Post Utme Eksu 2019 Commerce Question 6. It is one of the objective questions from the 2019 Post Utme Eksu Commerce examination.
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