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O-LevelCommerceCredit7100/11 · Oct/Nov 2012 · Q71 Mark

What is meant by credit?

Abuying now, paying later

Bbuying now, paying less

Cpaying later, paying less

Dpaying now, having later

✓ Correct answer

A: buying now, paying later

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 7.

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