Waec Model Questions Vol1 2018 Commerce Question 27
Practice objective / multiple choice question 27 from the 2018 Waec Model Questions Vol1 Commerce examination.
A consumer purchases a refrigerator for ₦120,000 with a 2‑year warranty that covers repair costs. After 8 months the refrigerator fails. The seller offers a replacement at a 15% discount on the original price, but the consumer prefers a cash refund. Under consumer‑protection law, the refund equals the purchase price minus straight‑line depreciation over an expected useful life of 5 years, and the delivery fee of ₦5,000 is non‑refundable. What cash refund should the consumer receive?
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About This Question
This is Waec Model Questions Vol1 2018 Commerce Question 27. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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