Post Utme Wellspring University 2023 Commerce Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 30 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A company's insurance policy covers losses due to fire, theft, and natural disasters. If a company experiences a loss of ₦200 million due to a fire, what is the maximum amount that the insurance company will pay?

Answer Options

A. ₦150 million
Correct Answer B. ₦200 million
C. ₦250 million
D. ₦300 million
Correct Answer
B
Correct Option:
₦200 million

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Wellspring University Commerce examination.

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