Post Utme Noun 2018 Commerce Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 29 POST_UTME_NOUN • 2018 • COMMERCE • objective

A firm's insurance policy has a deductible of ₦5,000. The firm makes a claim of ₦20,000. What amount will the firm receive from the insurance company?

Answer Options

Correct Answer A. ₦15,000
B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦15,000

About This Question

This is Post Utme Noun 2018 Commerce Question 29. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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