O-LevelCommerceInsurance7100/11 · Oct/Nov 2020 · Q31 Mark

What is an example of commerce?

Afactory owner using an accountant to prepare his accounts

Bfarmer rearing sheep on his farm

Cmanufacturer using iron to make steel products

Dshop owner buying insurance to protect her property

✓ Correct answer

D: shop owner buying insurance to protect her property

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2020 Paper 1 Variant 1, question 3.

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