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Question 8

A sole proprietor insured his goods worth N200,000 for half the value. There was a fire incident in which goods valued N80,000 were destroyed. The value of compensation expected from the insurer is

  • A.N40,000
  • B.N80,000
  • C.N100,000
  • D.N200,000
Objective

Question details

Exam body
OAU
Subject
Commerce
Year
2012/2013
Question no.
#8
Type
Objective
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