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O-LevelCommerceCredit7100/12 · May/June 2015 · Q321 Mark

Jenni has decided to pay for her holiday air flight tickets by using her credit card. What is the advantage of paying by credit card?

ACommission is charged on the transaction.
BInterest will be charged.
CPayment can be postponed until the end of the month.
DPayment is made directly from her bank account.

✓ Correct answer

C: Payment can be postponed until the end of the month.

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2015 Paper 1 Variant 2, question 32.

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