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A sole proprietor insured his goods worth N200 ... - JAMB Commerce 1994 Question

A sole proprietor insured his goods worth N200,000 for half the value. There was a fire accident 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
correct option: c
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