Mr Olatude took up a fire insurance on a proper... - JAMB Commerce 2000 Question
Mr Olatude took up a fire insurance on a property valued at N1000 and the amount insured is N 800. If the insurance was taking with the clause ‘with average ‘, What is the amount to be paid by the insurance company?
A
N320
B
N420
C
N460
D
N560
correct option: a
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