O-LevelCommerceCreditOct/Nov 2020Paper 1 Q101 Mark
Which statement describes the work of del credere agents?
AThey are not responsible for guaranteeing a delivery.
BThey bring together seller and buyer.
CThey cannot arrange contracts in their own name.
DThey guarantee payment is made to the seller.
✓ Correct Answer
The correct answer is D. 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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