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O-LevelCommerceInsurance7100/11 · Oct/Nov 2023 · Q291 Mark

The diagram shows a purpose of insurance. Which purpose of insurance is shown?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Abusiness confidence
Bconsequential loss
Cinvestment
Drisk reduction

✓ Correct answer

D: risk reduction

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 1, question 29.

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