Given:
- Radius of the circle \( r = 14 \, \text{cm} \)
- Angle subtended by the chord at the center \( \theta = 90^\circ \)
Thus, the area of the minor segment is approximately \( 55.86 \, \text{sq cm} \), and the area of the major segment is approximately \( 559.58 \, \text{sq cm} \).