Post Utme Osustech 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Osustech Commerce examination.

Post Utme Osustech 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_OSUSTECH • 2019 • COMMERCE • objective

A firm's insurance policy has a deductible of ₦50,000. If the firm's annual loss is ₦250,000, what is the insurer's liability?

Answer Options

A. ₦200,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦150,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Osustech 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Osustech 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