Part 1[3]
Explain one benefit for BB of using hire purchase as a source of finance.
Business 9609 · AS & A Level · Sources of finance
Sources of finance — practice question
Worked solution & mark scheme
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Knowledge: Fixed monthly instalments / the cost can be spread over time so there is no large initial cash payment” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI