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O-LevelCommerceFinanceMay/June 2019Paper 1 Q361 Mark

A public limited company has been refused a bank loan for an expensive project. What would be the most suitable course of action for this company to take to obtain the finance?

Afinding a large amount of trade credit
Blinking up with a venture capitalist
Cnegotiating an overdraft for three years
Dusing up all its cash reserves

✓ Correct Answer

The correct answer is B. 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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2019 examination, Paper 1 Variant 2. It tests the topic of Finance and is worth 1 mark.

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