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A trader who gives credit stands to enjoy?

Commerce
JAMB 2008

A trader who gives credit stands to enjoy?

  • A. higher profit
  • B. cash discount
  • C. increased sales
  • D. trade discount
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Correct Answer: Option C
Explanation

When a company sells on credit, it attracts new customers who would otherwise not buy from the company. This leads to increased sales volume

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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