Waec Model Questions Vol1 2022 Commerce Question 46
Practice objective / multiple choice question 46 from the 2022 Waec Model Questions Vol1 Commerce examination.
A consumer purchased a television set for ₦120,000 with a 2‑year warranty. After 9 months the TV stopped working. The seller quoted a repair cost of ₦18,000. Under the Consumer Protection Act, if the cost of repair exceeds 25 % of the purchase price, the consumer is entitled to a replacement. If the consumer opts for a replacement, the seller must also compensate for depreciation of the defective TV, calculated on a straight‑line basis over the warranty period. What amount must the seller pay the consumer if the consumer chooses replacement?
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About This Question
This is Waec Model Questions Vol1 2022 Commerce Question 46. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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