Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Commerce
  6. /
  7. 1994
  8. /
  9. Q36
Question 36

The agreed amount payable to a policy holder when the event insured against occurs is?

  • A.surrender value
  • B.sum assured
  • C.indemnity
  • D.insurable interest
  • E.endowment
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1994
Question no.
#36
Type
Objective
Previous · Q35The raising of new capital by allowing existing shareholders the privilege to… Next · Q37 The rate at which one country”s products are exchanged for the products of…

More from this paper

  • Q32Zaico Ltd invoiced goods valued at N80,000 to Victory Ltd for N8,000. Which of…
  • Q33Which of the following is an example of extractive industry?
  • Q34The raising of new capital by allowing existing shareholders the privilege to…
  • Q38The rate at which one country”s products are exchanged for the products of…
  • Q39Which of the following is not performed by the shipping and forwarding agents?
  • Q40A group of trims that produce similar goods or sen/ices is called?
See all Commerce 1994 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy