◈ Oracle PrepSign Up Free
O-LevelCommerceInsurance7100/11 · Oct/Nov 2019 · Q281 Mark

Which principle of insurance prevents the insured from selling the damaged property after receiving full compensation for it?

Acontribution
Binsurable interest
Csubrogation
Dutmost good faith

✓ Correct answer

C: subrogation

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Insurance and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2019 Paper 1 Variant 1, question 28.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

InsuranceMay/June 20161m

Mrs Udawatte owns a house which has a market value of $400000. To save on the price of the premium, she insured the p…

InsuranceMay/June 20171m

What is a personal insurance risk?

InsuranceMay/June 20171m

Which principle of insurance prevents someone from insuring his neighbour's premises?

Business enterpriseMay/June 20161m

Which action is not an example of trade?

ProductionMay/June 20161m

The table shows how a country's labour force is distributed between various industries. industry: agriculture, % of l…

Retail tradeMay/June 20161m

Why are there more new businesses in retailing than in manufacturing?

← Browse all past-paper questions

© 2026 Oracle Prep