Post Utme Esut 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_ESUT • 2018 • COMMERCE • objective

A consumer protection agency is investigating a complaint about a company's unfair contract terms. The contract states that the consumer must pay a penalty of ₦10,000 for every day late in payment. If the consumer is 30 days late, what is the total penalty payable?

Answer Options

A. ₦250,000
B. ₦300,000
C. ₦350,000
Correct Answer D. ₦400,000
Correct Answer
D
Correct Option:
₦400,000

About This Question

This is Post Utme Esut 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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