Post Utme Rhema University 2025 Commerce Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2025 Commerce Objective / Multiple Choice
Question 11 POST_UTME_RHEMA_UNIVERSITY • 2025 • COMMERCE • objective

A company's insurance policy has a deductible of ₦50,000. If the company incurs a loss of ₦200,000, what is the amount the insurance company will pay?

Answer Options

A. ₦150,000
Correct Answer B. ₦100,000
C. ₦50,000
D. ₦0
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Rhema University 2025 Commerce Question 11. It is one of the objective questions from the 2025 Post Utme Rhema University Commerce examination.

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