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O-LevelCommerceCredit7100/12 · May/June 2016 · Q81 Mark

A retailer who allows informal credit would usually expect payment

Aat the end of the week.
Bimmediately.
Cin a year's time.
Dwhen the customer has the money.

✓ Correct answer

A: at the end of the week.

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2016 Paper 1 Variant 2, question 8.

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