Post Utme Uniosun 2018 Commerce Question 5
Practice objective / multiple choice question 5 from the 2018 Post Utme Uniosun Commerce examination.
A company's insurance policy covers losses due to fire, theft, and natural disasters. The policy has a deductible of ₦50,000 and a maximum payout of ₦200,000. If the company suffers a loss of ₦150,000 due to fire, what is the amount that the insurance company will pay?
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About This Question
This is Post Utme Uniosun 2018 Commerce Question 5. It is one of the objective questions from the 2018 Post Utme Uniosun Commerce examination.
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