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O-LevelCommerceCredit7100/12 · May/June 2013 · Q81 Mark

What is the main function of a finance house?

Acashing cheques

Bmanaging debentures

Coffering mortgages

Dproviding hire purchase

✓ Correct answer

D: providing hire purchase

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 8.

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