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The form of credit sales common to low income groups is

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Commerce JAMB 2016

The form of credit sales common to low income groups is

  • hire purchase
  • club trading
  • booking -me -down checkmark
  • credit trading

The correct answer is: C

Explanation

Book-me-down is a type of credit purchase whereby a customer will purchase goods on credit and write down their names. It is common among low income earners in underdeveloped countries

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