O-LevelCommerceCreditMay/June 2024Paper 1 Q71 Mark

Why do some street traders accept credit card payments from their customers?

Q: What topic does this question test?

This question tests Credit in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

ACustomers become more loyal.

BCustomers do not have to carry cash.

CStreet traders can gain interest in payments.

DStreet traders will become more competitive.

✓ Correct Answer

The correct answer is D: Street traders will become more competitive.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Credit in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce May/June 2024 examination, Paper 1 Variant 2.

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