O-LevelCommerceInsuranceOct/Nov 2014Paper 1 Q291 Mark
Ali Khan has obtained the following information about insuring the factory that he owns. It is valued at $1 m and is located in Area 1. [Figure 29.1] How much would Ali pay each year to insure his factory using Insurance Company T?
A$400
B$500
C$600
D$800
✓ Correct Answer
The correct answer is A. 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep