A sole proprietor insured his goods worth N200,000 for ha...
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
N40,000
N80,000
N100,000
N200,000
Correct answer is C
No explanation has been provided for this answer.
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