O-LevelCommerceCreditMay/June 2021Paper 1 Q81 Mark
Anya wants to buy a new washing machine. She can pay using cash, credit card or hire purchase. What is the cheapest method of payment for Anya?
AAnya may pay interest charges if she does not repay her credit card on time.
BAnya owns the washing machine once she has paid the hire purchase deposit.
CAnya will not face any additional charges if she pays using cash.
DAnya would not have the risk of theft if she uses her credit card and not cash.
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of credit 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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