Question 2

(a) Messrs Ola and Musa are both merchants. Ola trades on cash basis only while Musa allows credit. Give four reasons each why Ola insists on cash payment and Musa allows credit sales.

(b) Distinguish between cash discount and trade discount. 
 

Theory

Question details

Exam body
WAEC
Subject
Commerce
Year
1989
Question no.
#2
Type
Theory

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