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O-LevelCommerceFinance7100/12 · May/June 2024 · Q361 Mark

Irfan needs a new van for his business, but he does not have enough money to buy one. Which method should Irfan use to finance the van?

Adebentures

Bfactoring

Cleasing

Dsavings

✓ Correct answer

C: leasing

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2024 Paper 1 Variant 2, question 36.

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