O-LevelCommerceFinance7100/12 · Oct/Nov 2018 · Q351 Mark

HH is a privately owned builders merchants. It wishes to buy a small truck for deliveries to customers, costing $40000. What would be the most suitable source of finance to use for this purchase?

Adebenture

Bhire purchase

Cmortgage

Dtrade credit

✓ Correct answer

B: hire purchase

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