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O-LevelCommerceCredit7100/12 · Oct/Nov 2024 · Q71 Mark

Which method of credit is most likely to be used to buy a new luxury car?

Acredit card

Bextended credit

Chire purchase

Dinformal credit

✓ Correct answer

C: hire purchase

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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 2, question 7.

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