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O-LevelCommerceCredit7100/12 · Oct/Nov 2023 · Q81 Mark

Which transaction is an example of a credit sale?

Abuying a bicycle using a debit card

Bexchanging a faulty television for another one

Cleasing a computer for two years

Dpaying for furniture with a deposit and instalments

✓ Correct answer

D: paying for furniture with a deposit and instalments

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 8.

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