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O-LevelCommerceInsurance7100/12 · May/June 2015 · Q291 Mark

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

Ato guard against risk
Bto help customers
Cto make a profit
Dto reduce prices

✓ Correct answer

A: to guard against risk

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2015 Paper 1 Variant 2, question 29.

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