Post Utme Osustech 2022 Commerce Question 42
Practice objective / multiple choice question 42 from the 2022 Post Utme Osustech Commerce examination.
A company's insurance policy covers losses due to fire, theft, and natural disasters. The policy has a deductible of ₦500,000 and a maximum payout of ₦5,000,000. If the company suffers a loss of ₦6,000,000 due to a fire, what is the amount that the insurance company will pay?
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About This Question
This is Post Utme Osustech 2022 Commerce Question 42. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.
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