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The effect of the minimum cover on the two vehicles is the the?

Insurance
WAEC 2018

use the following information to answer the question below.

Basanya's vehicle was hit at the rear by jaguna's vehicle. The two vehicles had a minimum cover. estimate of repairs were as follows; 

Basanya's vehicle - N155,000; jaguna's vehicle- N75,000

The effect of the minimum cover on the two vehicles is the the?

  • A. two vehicles will be repaired by jaguna's insurer
  • B. insurer of each vehicle is responsible for the repairs
  • C. vehicle of Basanya will be repaired by jaguna's insurer
  • D. two vehicles are not entitled to compensation from the insurer
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Correct Answer: Option C
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995