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O-LevelCommerceCredit7100/12 · May/June 2020 · Q81 Mark

What is an advantage to a buyer of purchasing on credit?

ACredit agreements are easy to understand.
BCredit is available to anyone.
CDiscounts are usually available.
DPayment is postponed until a later date.

✓ Correct answer

D: Payment is postponed until a later date.

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2020 Paper 1 Variant 2, question 8.

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