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
View Answer & Discuss (13)
JAMB 1994