Post Utme Noun 2021 Commerce Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Noun Commerce examination.

Post Utme Noun 2021 Commerce Objective / Multiple Choice
Question 24 POST_UTME_NOUN • 2021 • COMMERCE • objective

A company's insurance policy has a deductible of ₦1000. If the company has a claim of ₦5000, how much will it pay out after deducting the deductible?

Answer Options

Correct Answer A. ₦4000
B. ₦4500
C. ₦5000
D. ₦5500
Correct Answer
A
Correct Option:
₦4000

About This Question

This is Post Utme Noun 2021 Commerce Question 24. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.

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