Post Utme Wellspring University 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2025 Commerce Objective / Multiple Choice
Question 25 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • COMMERCE • objective

A company has a business interruption insurance policy with a premium of ₦100,000. If the policy covers a maximum of ₦500,000 in losses, what is the excess?

Answer Options

A. ₦400,000
B. ₦300,000
C. ₦200,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Wellspring University 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Wellspring University Commerce examination.

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