Post Utme Rsu 2025 Commerce Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Rsu Commerce examination.

Post Utme Rsu 2025 Commerce Objective / Multiple Choice
Question 15 POST_UTME_RSU • 2025 • COMMERCE • objective

A firm purchases an insurance policy that covers against loss of goods in transit. If the policy has a deductible of ₦5,000 and the firm suffers a loss of ₦20,000, what is the amount payable by the insurer?

Answer Options

Correct Answer A. ₦15,000
B. ₦20,000
C. ₦10,000
D. ₦5,000
Correct Answer
A
Correct Option:
₦15,000

About This Question

This is Post Utme Rsu 2025 Commerce Question 15. It is one of the objective questions from the 2025 Post Utme Rsu Commerce examination.

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