Post Utme Lead City University 2018 Commerce Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2018 Commerce Objective / Multiple Choice
Question 8 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A company's insurance policy covers losses due to fire, theft, and natural disasters. If the company experiences a fire that destroys its warehouse, what is the likely outcome?

Answer Options

A. The company will receive a full payout
Correct Answer B. The company will receive a partial payout
C. The company will not receive any payout
D. The company will be required to pay a deductible
Correct Answer
B
Correct Option:
The company will receive a partial payout

About This Question

This is Post Utme Lead City University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Lead City University Commerce examination.

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