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A sole proprietor insured his goods wort 4 200,000 for half the value. There was a fire ...

A sole proprietor insured his goods wort 4 200,000 for half the value. There was a fire incident in which goods valuedforall 80,000 were destroyed. The value of compensation expected from the insurer is ____________
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  • A N 40.000
  • B N80.000
  • C N N 100,000
  • D N200,000
Correct Answer: Option B
Explanation:

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