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O-LevelCommerceInsuranceMay/June 2023Paper 1 Q261 Mark

What is the best description of the role of an insurance broker?

Afixes the premiums paid by customers
Bgives the customer a choice of policies from different companies
Csells policies to an agent who will then sell them to the customer
Dworks on behalf of one insurance company and sells only its policies

✓ Correct Answer

The correct answer is B. This question tests the candidate's understanding of insurance within the Commercesyllabus. The examiner's mark scheme requires...

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2023 examination, Paper 1 Variant 2. It tests the topic of Insurance and is worth 1 mark.

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