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JSCE Business Studies 2024 Objective — Question 12

Question 12 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

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______ is said to have been taken when goods are bought for future payment.

  • A. Buying by auction
  • B. Credit buyingCorrect
  • C. Buying by grade
  • D. Buying option

Explanation

Credit buying means buying goods now and paying later.

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