Post Utme Ksu 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Ksu Commerce examination.

Post Utme Ksu 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_KSU • 2025 • COMMERCE • objective

A company is considering two different insurance policies to cover its warehouse. Policy A has a premium of ₦120,000 and a deductible of ₦50,000. Policy B has a premium of ₦150,000 and a deductible of ₦20,000. If the company expects to incur an average loss of ₦80,000 per year, which policy should it choose?

Answer Options

Correct Answer A. Policy A
B. Policy B
C. Policy A and B
D. Neither Policy A nor B
Correct Answer
A
Correct Option:
Policy A

About This Question

This is Post Utme Ksu 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.

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