Post Utme Madonna University 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_MADONNA_UNIVERSITY • 2018 • COMMERCE • objective

A business owner wants to purchase a liability insurance policy with a premium of ₦50,000. If the deductible is ₦10,000, what is the excess?

Answer Options

A. ₦40,000
B. ₦30,000
C. ₦20,000
Correct Answer D. ₦10,000
Correct Answer
D
Correct Option:
₦10,000

About This Question

This is Post Utme Madonna University 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Madonna University Commerce examination.

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