NAME: ………………………………………………….……..

CIRCLE TEACHER: MS LOH, MS STEPHENS, MR ROWLANDS, MR WRITER

CLASS:…………………………………………………..……..

YEAR 9 COMMERCE 2022 YEARLY EXAMINATION

Time allowed – 50 min
Weighting: 40 % of Yearly Report
Directions to Candidates

Part A (20 Marks) Multiple Choice

Record your answers on the separate answer sheet provided.

Part B (40 Marks) Short Answers

Record your answers in the spaces provided on the booklet.

Section Maximum Mark

Mark Gained

Part A 20
Multiple Choice

Part B 1 10
Investing
Part B 2 10
Investing
Part B 3
Promoting and Selling 10

Part B 4 10
Law Society and Political Involvement

TOTAL 60

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 MULTIPLE CHOICE - ANSWER SHEET

Place an X for the most correct answer for multiple choice questions 1-20.

A B C D

10

11

12

13

14

15

16

17

18

19

20

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Part A - Multiple Choice Questions (20 Marks)

1. Which is the order (lowest  highest) that best represents Australia’s court systems?

a. Local, Supreme, High, District

b. Local, District, Supreme, High
c. Local, District, High, Supreme
d. Local, High, Supreme, District

2. What is the role of a jury?

a. To determine a person guilty or not guilty

b. To decide whether the judges sentencing is fair and just
c. To speak with other jurors and express their opinions regarding a court case
d. To determine a person’s sentencing length in prison

3. Which of the following is not a function of the High Court?

a. Make changes to the Constitution

b. Hear appeals from the Supreme Court
c. Interpreting the Constitution
d. Decide cases of special federal significance

4. Which of the following terms describes a person’s desire to constantly acquire

possessions?

a. Brand
b. Materialism
c. Evaluative
d. Opportunistic

5. In reference to investing, what is the correct definition of a stock?

a. A contract between a buyer and seller that changes value in the market
b. A regular payment
c. A percentage ownership of a company
d. A very risky investment

6. What is the term that refers to spreading risk in investment?

a. Government security
b. Risk avoidance
c. Materialism
d. Diversification

7. Which of the following describes a very small segment of the total market a business
might target?

a. Mass market
b. Segment of a market
c. Secondary target market
d. Niche market

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8. What is meant by the term ‘blue chip shares’?

a. Any share of a finance company

b. Any share of a bank
c. A safe and secure share
d. An unsafe and risky share

9. Tort law comes under what type of law?

a. Public law
b. Private law
c. Criminal law
d. Civil law

10. What do laws stem from?

a. Morals
b. Ethics
c. Values
d. All of the above

11. Which are the 4 main roles of law?

a. Right to vote, protection, compensation and resolving disputes

b. Limit crime, protection, compensation and right to live
c. Establish boundaries, protection, freedom and resolving disputes
d. Freedom of speech, right to education, police protection and resolving disputes

12. A trial for somebody who was using indecent language on a train would be heard in
which of the following courts?

a. Local Court
b. District Court
c. Children’s Court
d. Coroner’s Court

13. The recent legislative change to allow for same-sex marriage in Australia comes
under what type of law

a. Constitutional law
b. Family law
c. Tort law
d. Criminal law

14. Which of the following is the best definition of relationship marketing?

a. The inclusion of advertisement in entertainment

b. Differentiating products from competitors
c. Mass producing the same product for all customers
d. Developing long-term relationships with customers

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 15. Which of the following is an example of product placement?

a. Buy one get one free

b. 50% discounted price
c. Putting a product’s logo in a popular tv series
d. Making a tv advertisement for a product

16. The extra amount of money earned each year when leaving your money in a
savings account is known as what?

a. Mortgage
b. Savings account
c. Dividend
d. Interest

17. Which of the following is considered the highest risk investment?

a. Cryptocurrency
b. Blue chip shares
c. Term deposit
d. Leaving your money in a savings account

18. The ASX 200 refers to what?

a. 200 International companies present in Australia

b. 200 Australian Blue-Chip companies
c. Largest 200 Australian Companies
d. Australia’s 200 richest people

19. The main reason for Coca-Cola’s success for their soft drink is what?

a. Healthy ingredients in their drink

b. Ethical and responsible production methods
c. Cheap prices
d. Marketing strategies

20. Which of the following statements is a part of The Competition and Consumer Act
2010 in relation to advertising targeting young people?

a. Television advertising must include colour and fast music

b. Advertising must not encourage dangerous activities
c. Sexual images can be used if they are age appropriate
d. Print advertising for food must promote an unhealthy lifestyle

End of Part A

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Part B 1 - Short Answers (Consumer and Financial Decisions) (20 marks)
Question 21 Marks

a) Define the following terms:

Dividend 1

___________________________________________________________________________

___________________________________________________________________________

Variable interest rate 1

___________________________________________________________________________

___________________________________________________________________________

b) Distinguish between debentures and unsecured notes. 2

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

c) Outline two reasons why superannuation is important to workers. 2

1._________________________________________________________________________

___________________________________________________________________________

2._________________________________________________________________________

___________________________________________________________________________

d) Use examples to explain the relationship between risk and return. 4

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

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Part B 2

e) Use an example to describe growth assets. 2

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

f) Describe four factors an investor would need to consider before buying shares in publicly
listed companies. 4

1 3

2 4

g) Consider the following based on the current financial climate, ie (high interest rates,
low unemployment, high inflation, supply issues, high oil prices, war in Ukraine). You are
18 years old, healthy and likely to go to university. Your parents just gave you $500,000
to invest. Recommend and justify TWO investment options that would likely benefit you
in the future. 4
Recommendation 1-

Justification

Recommendation 2 –

Justification

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Part B - 3 (Promoting and Selling) (10 marks)
Question 22 Marks

a) Distinguish between a standardised approach and a customised approach to marketing.

2
___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

b) Use an example to describe what is meant by product differentiation. 2

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

c) Explain why consumer data collection may be considered unethical. 2

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

d) Recommend and justify TWO strategies that can be used to sell a new multivitamin
flavoured coca cola drink. 4

Recommendation 1-
Justification

Recommendation 2 –
Justification

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Part B 4
Question 22 Marks

a) Distinguish between private law and public law. 2

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

b) Describe two ways that laws can be made. 2

1._________________________________________________________________________

___________________________________________________________________________

2._________________________________________________________________________

___________________________________________________________________________

c) Justify two benefits of Australia’s preferential voting system. 2

1._________________________________________________________________________

___________________________________________________________________________

2._________________________________________________________________________

___________________________________________________________________________

d) Discuss the advantages and disadvantages of using juries. 4

Advantages Disadvantages

END OF EXAM