O-LevelCommerceInsuranceOct/Nov 2016Paper 1 Q311 Mark
The owner of a factory holding stock worth $200000 insures the stock for $150000. A fire causes $40000 of damage. How much would the factory owner receive?
A$30000
B$40 000
C$50000
D$150000
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of insurance within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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