O-LevelCommerceInsuranceOct/Nov 2016Paper 1 Q281 Mark
Following a fire, an insurance company pays for damage to premises, for loss of contents and for consequential loss. An example of consequential loss is
Adamage to customers' vehicles.
Bdelay in settlement of the amount due.
Closs of profits as a result of the fire.
Dloss of stock due to water damage.
✓ Correct Answer
The correct answer is C. 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep