Post Utme Uniosun 2019 Commerce Question 11
Practice objective / multiple choice question 11 from the 2019 Post Utme Uniosun Commerce examination.
A company's warehouse is storing goods worth ₦5 million. The goods are insured against theft, fire, and flood. However, the insurance policy has a deductible clause of ₦200,000. If the goods are stolen, the insurance company will pay ₦4.8 million. What is the total amount the company will receive from the insurance company?
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About This Question
This is Post Utme Uniosun 2019 Commerce Question 11. It is one of the objective questions from the 2019 Post Utme Uniosun Commerce examination.
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