Skip to main content
O-LevelCommerceCredit7100/12 · Oct/Nov 2012 · Q391 Mark

Jamal asks for a bank loan to purchase a truck. What evidence must he produce for the bank to grant him a loan?

Aproof of an accident-free driving record
Bproof of assets as security
Cproof of his marketing skills
Dproof that his bank account contains money

✓ Correct answer

B: proof of assets as security

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Credit and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 2, question 39.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

© 2026 Oracle Prep