O-LevelCommerceFinanceMay/June 2010Paper 1 Q381 Mark
A factory owner needs to buy an expensive piece of machinery. He does not have the necessary $10 000 to purchase for cash. How can the factory owner obtain the machinery without buying on credit?
Adeferred payment
Bhire purchase
Cleasing
Doverdraft
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of finance within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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