O-LevelCommerceInsuranceOct/Nov 2016Paper 1 Q291 Mark
In which circumstance is insurable interest present?
Afootball fan insuring the life of his club's star player
Bhomeowner insuring the house that she owns
Cperson insuring a car she has borrowed from her friend
Dworker insuring the life of the owner of his company
✓ Correct Answer
The correct answer is B. 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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