CSEC Principles of Business · January 2014 · Paper 2 · Question 2(a)(i)
Distinguish between EACH of the following pair of terms:
'Insurance' and 'assurance'
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Practise this questionOther parts of this question
- 2(a)(ii)'Life insurance' and 'business insurance'[4 marks]
- 2(b)(i)State TWO ways in which insurance facilitates trade.[2 marks]
- 2(b)(ii)Outline TWO reasons why documentation is important in business transactions.[4 marks]
- 2(c)Discuss TWO reasons why entrepreneurs should purchase insurance for their businesses.[6 marks]
More practice: the rest of this paper · more Business Documentation and Insurance questions · all CSEC Principles of Business past papers