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JAMB Commerce 2008 Objective — Question 18

Question 18 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2008 Objective paper, with the correct answer and a full explanation.

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18. A trader who gives credit stands to enjoy

  • A. higher profit
  • B. cash discount
  • C. increased salesCorrect
  • D. trade discount

Explanation

When a trader gives credit, more buyers tend to come to him/her for their purchases, increasing sales.

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