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O-LevelCommerceFinance7100/12 · May/June 2013 · Q381 Mark

An overdraft is a suitable means of obtaining finance from a bank for

Abuilding a large factory.
Bbuying stock.
Chiring expensive machinery.
Dpurchasing a house.

✓ Correct answer

B: buying stock.

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 38.

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