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Search results

  1. M

    Commerce help!

    read the mark schemes of as many papers as you can even repeated questions that is what i do.
  2. M

    Commerce help!

    I am more worried about p1. P2 is easier you need good english and you need to read mark schemes. I always read those revision somehow makes the points slip away.
  3. M

    Commerce help!

    no no i am not when i said official i meant from wiki. yes financial institution is bank.
  4. M

    Commerce help!

    Documentary credit is a sort of guarantee offered by the bank to an exporter which guarantees payment even if the importer does not pay. Here is the official explanation. A letter of credit is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods...
  5. M

    Commerce help!

    The above question is really tricky you should first try it yourself. Trade discount is the discount you get when you buy in bulk on credit. When you pay the price early, businesses as an encouragement offer another discount known as cash discount which is deducted from the cash price.
  6. M

    Commerce help!

    i got this one wrong too just now. Store card is basically a credit card but it can only be used within one specific store. Loyalty card encourages consumers to spend in a shop. The answer is C.
  7. M

    Commerce help!

    that does not have much to do with the question but credit price is the one you get for buying on credit of any kind like installments and cash price is price after deducting trade discount.
  8. M

    Commerce help!

    but in the latest papers the highest mark was back to 39-40. you're most welcome.
  9. M

    Commerce help!

    this is a more tricky one i could only narrow my choices to 3 at first! Mr Khan wishes to purchase a new car. Which source of finance should he use? A debenture B leasing C loan D overdraft
  10. M

    Commerce help!

    (y) keep trying more then... good luck.
  11. M

    Commerce help!

    do you know what the answer is? Check the mark scheme if you got it from a past paper to confirm.
  12. M

    Commerce help!

    trade credit means buying goods without paying for them immediately and is given within businesses. Non-redeemable shares means that the total investment on a share will never be paid back in full. Shareholder will get dividend.
  13. M

    Commerce help!

    what seems the most appropriate to you? Not all consumers prefer to buy goods from abroad...
  14. M

    Commerce help!

    Well the best I can say is that after eliminating the options down to the last two you read the question about 5 times or more and then decide which ones are closest and more specific. Is there any mcq you are having trouble with at the moment? I could use that as an example. And go through...
  15. M

    O level Economics P2 Paper Prediction !

    living standard also. I never thought they would question about one of the means of measuring it. :(
  16. M

    Commerce help!

    i've done this mcq too from i think 2010. It was definitely B i just checked from the MS.
  17. M

    Commerce help!

    they asked for MOST advertisement the question does not say EVERY advertisement.
  18. M

    Commerce help!

    which year is it from? i think the answer is b the main reason for advertisement is to persuade ppl to buy the product thats one of the aims of informative advertisement too this is what advertisement exists for.
  19. M

    English (1123) : How'd it go guys? :)

    I considered that too but since the question stated what paragraph it was from i tried to look for answers from the same paragraph. I wrote something about the deepness of the water relative to the length of phelp's pipe. :P it was a messy paper.
  20. M

    English (1123) : How'd it go guys? :)

    Likewise. Goodluck for the rest of them. I still can't figure out what the second t/f question wanted. A chinese emperor gifted pandas to america. Well technically it was his grandson who gifted but they have said A chinese emperor which could mean any person he just needs to be emperor and I'm...
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