The form of credit sales common to low income groups is
hire purchase
club trading
booking -me -down
credit trading
Correct answer is C
Book-me-down is a type of credit purchase whereby a customer will purchase goo
A group of computers that exchange data is referred to as
an information bank
a network
a database
an intranet site
Correct answer is B
A network, in computing, is a group of two or more devices that can communicate.
The placement of workers based on their qualifications can be categorized under
public sector
skilled labour
private sector
unskilled labour
Correct answer is B
Skilled labor refers to labor that requires workers who have specialized training or a learned skill-set to perform the work. These workers can be either blue-collar or white-collar workers, with varied levels of training or education.
Quantity discount is offerred mainly to persuade the buyer to
defer payment
make prompt purchases
make advance payment
purchase more
Correct answer is D
A quantity discount is often offered by sellers to entice buyers to purchase in larger quantities.
charge account
trading checks
trade credit
I owe you
Correct answer is C
Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Any time you take delivery of materials, equipment or other valuables without paying cash on the spot, you're using trade credit.