◈ Oracle Prep Sign Up Free

O-LevelCommerceCredit7100/12 · May/June 2019 · Q91 Mark

What is an advantage to a business of selling on credit?

ACapital in the business may have to be increased.

BLess paperwork is required.

CPayment by the buyer is guaranteed.

DSale of stock may increase.

✓ Correct answer

D: Sale of stock may increase.

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Credit and see which topics are most likely to come up next.

Sign up free →

About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2019 Paper 1 Variant 2, question 9.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

CreditMay/June 20151m

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

CreditMay/June 20151m

Which statement is true of a bank overdraft?

CreditMay/June 20161m

A retailer who allows informal credit would usually expect payment

Business enterpriseMay/June 20191m

What is meant by commerce?

Business enterpriseMay/June 20191m

An example of the interdependence between industry and direct services is

Retail tradeMay/June 20191m

Which service is carried out by the retailer to help both the customer and the manufacturer?

← Browse all past-paper questions