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O-LevelCommerceCredit7100/12 · May/June 2022 · Q81 Mark

A student wishes to buy a laptop. Which factor would be the least important when deciding which type of credit to use?

Aimmediate ownership

Blength of repayment period

Cnumber of instalments

Doverall total cost

✓ Correct answer

A: immediate ownership

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2022 Paper 1 Variant 2, question 8.

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