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O-LevelCommerceInsurance7100/11 · Oct/Nov 2016 · Q291 Mark

Why should Magda take out insurance for her business?

Ato assist people less fortunate who need to make a claim
Bto help her make a profit from the business
Cto prevent her making a loss from the business
Dto provide financial protection against loss

✓ Correct answer

D: to provide financial protection against loss

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 1, question 29.

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