Post Utme Unn 2021 Commerce Question 11
Practice objective / multiple choice question 11 from the 2021 Post Utme Unn Commerce examination.
A company is considering two different insurance policies to cover its business operations. Policy A has a premium of ₦1,500 and a deductible of ₦5,000. Policy B has a premium of ₦2,000 and a deductible of ₦3,000. If the company expects to incur an average loss of ₦10,000 per year, which policy should it choose?
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About This Question
This is Post Utme Unn 2021 Commerce Question 11. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.
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