Post Utme Osustech 2021 Commerce Question 10
Practice objective / multiple choice question 10 from the 2021 Post Utme Osustech Commerce examination.
A company is considering entering into a contract with a supplier. The contract includes a clause that requires the company to pay a penalty of ₦50,000 if the company fails to meet the delivery deadline. If the company is 90% sure that it will meet the deadline, what is the expected value of the penalty?
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About This Question
This is Post Utme Osustech 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Osustech Commerce examination.
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