Post Utme Lautech 2024 Commerce Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Lautech Commerce examination.

Post Utme Lautech 2024 Commerce Objective / Multiple Choice
Question 37 POST_UTME_LAUTECH • 2024 • COMMERCE • objective

A company has a product liability insurance policy that covers damages up to ₦5 million. If the company is sued for ₦3 million, what is the maximum amount the insurance company will pay?

Answer Options

Correct Answer A. ₦3 million
B. ₦5 million
C. ₦2.5 million
D. ₦1.5 million
Correct Answer
A
Correct Option:
₦3 million

About This Question

This is Post Utme Lautech 2024 Commerce Question 37. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.

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