O-LevelCommerceCreditOct/Nov 2015Paper 1 Q381 Mark
Mrs Patel calculated that she will need an extra $200 to meet her household bills. What is the best way for her to meet this shortfall?
Aextend her mortgage
Bnegotiate a hire purchase loan
Crequest an overdraft
Dtake out a bank loan
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of credit within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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