WAEC Commerce 2018 Objective — Question 10
Question 10 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
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Which of the following is a source of short-term finance to a business?
- A. Hire purchase
- B. overdraftCorrect
- C. Leases
- D. Debenture
Explanation
A bank overdraft is a common source of short-term finance for a business.
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