Post Utme Ims U 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Ims U Commerce examination.

Post Utme Ims U 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_IMS_U • 2021 • COMMERCE • objective

A company's sole trader has a business interruption insurance policy with a deductible of ₦50,000. If the company experiences a loss of ₦200,000, what is the insurer's liability?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦150,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Ims U 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Ims U Commerce examination.

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