Post Utme Noun 2018 Commerce Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_NOUN • 2018 • COMMERCE • objective

A company's insurance policy has a deductible of ₦10,000. If it makes a claim of ₦50,000, what is the amount the insurance company will pay?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Noun 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support