Post Utme Unilag 2020 Commerce Question 20
Practice objective / multiple choice question 20 from the 2020 Post Utme Unilag Commerce examination.
A company has the following insurance policy: a premium of ₦1,000,000, a deductible of ₦500,000, and a coverage limit of ₦5,000,000. If the company suffers a loss of ₦6,000,000, what is the total amount that the company will have to pay?
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About This Question
This is Post Utme Unilag 2020 Commerce Question 20. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.
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