◈ Oracle PrepSign Up Free
O-LevelCommerceInsurance7100/11 · Oct/Nov 2021 · Q321 Mark

Solomon has information from four insurance companies, A–D. He wants to insure two shops he owns. One shop is in Area 1 and one shop is in Area 2. Which insurance company offers the cheapest premium to insure both shops? Area 1 Area 2 A $400 $500 B $500 $500 C $300 $500 D $600 $700

AA
BB
CC
DD

✓ Correct answer

C: C

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 2021 Paper 1 Variant 1, question 32.

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 20141m

What is the contract between the insurance company and the insured called?

InsuranceMay/June 20141m

When a claim is agreed by an insurance company, the insured usually pays the first portion of what is due. Which term…

InsuranceMay/June 20151m

Mrs Smith owns a small general store. Why does she have various insurance policies covering different aspects of the …

Business enterpriseMay/June 20151m

Which information is not contained in a partnership deed for a general partnership?

CreditMay/June 20151m

Which statement is true of a bank overdraft?

ProductionMay/June 201520m

Pashbury is a small inland town. It has a range of shops, a fast food restaurant, a small industrial area with factor…

← Browse all past-paper questions

© 2026 Oracle Prep