Q24 of 7100_s23_qp_12

Question 24

Question 24 of 40

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No letter options?

Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.

A 1, 2 and 3 are correct

B 1 and 2 only are correct

C 2 and 3 only are correct

D 1 only is correct

Topics Tested

5. Aids to trade that sup...

5.3.2. Types of insurance risk

the different types of insurance risk: consequential loss, employer’s liability, fire, motor, premises, public liability and theft

5. Aids to trade that sup...

5.3.3. How enterprises make use of...

the use of pooling of insurance risk

2. Commercial operations

2.3. Retailing

the advantages and disadvantages of each type of retailer