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O-LevelCommerceFinance7100/11 · Oct/Nov 2015 · Q371 Mark

A factory owner needs an expensive piece of machinery. How can the factory owner obtain the machinery without buying on credit?

Ahire purchase
Bleasing
Coverdraft
Dtrade credit

✓ Correct answer

B: leasing

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 1, question 37.

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