Post Utme Greenfield University 2025 Commerce Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 8 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • COMMERCE • objective

A company has the following insurance policy: a deductible of ₦50,000 and a maximum payout of ₦200,000. If the company suffers a loss of ₦300,000, what is the amount that the insurance company will pay?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Greenfield University 2025 Commerce Question 8. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

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