Gce Model Questions Vol1 2020 Commerce Question 26
Practice objective / multiple choice question 26 from the 2020 Gce Model Questions Vol1 Commerce examination.
A consumer purchased a television for \(₦120,000\) with a 2‑year warranty. After 18 months the TV fails. The seller offers to repair it for \(₦45,000\). Under consumer protection law, the consumer may reject a repair if its cost exceeds \(30\%\) of the purchase price and claim a refund equal to the purchase price minus depreciation. Depreciation is calculated on a straight‑line basis over the warranty period. What refund amount can the consumer claim?
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About This Question
This is Gce Model Questions Vol1 2020 Commerce Question 26. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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