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O-LevelCommerceCredit7100/11 · Oct/Nov 2024 · Q71 Mark

What is an advantage to a customer of using credit?

AThe customer is able to use the product immediately and pay later.

BThe customer is always offered convenient repayment terms.

CThe customer is always provided with regular discounts.

DThe customer is offered very flexible interest rates.

✓ Correct answer

A: The customer is able to use the product immediately and pay later.

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2024 Paper 1 Variant 1, question 7.

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