O-LevelCommerceCreditMay/June 2011Paper 1 Q81 Mark
Sonia Shar has entered into a hire purchase agreement to buy a television from a retail store over a 2-year period. When will she become the legal owner of the television?
Aafter paying instalments for 1 year
Bat the end of the 2-year instalment period
Cwhen the store has installed the television in her house
Dwhen the store receives her deposit
✓ Correct Answer
The correct answer is B. 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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