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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