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O-LevelCommerceCredit7100/12 · Oct/Nov 2013 · Q81 Mark

The diagram shows the financing of a television bought using a hire purchase agreement. [Figure 8.1] Identify X in the diagram.

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Acreditor
Binvestor
Cmanufacturer
Dretailer

✓ Correct answer

D: retailer

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2013 Paper 1 Variant 2, question 8.

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