Post Utme Unn 2021 Commerce Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Unn Commerce examination.

Post Utme Unn 2021 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UNN • 2021 • COMMERCE • objective

A firm's insurance policy has a deductible of ₦10,000. If the firm incurs a loss of ₦50,000, how much will it pay for the insurance premium?

Answer Options

Correct Answer A. ₦40,000
B. ₦30,000
C. ₦20,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Unn 2021 Commerce Question 29. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.

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