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SS3 Commerce

Credit

Overview

Define credits; List and describe various types of credit and their sources; State the functions of credit to retailer and wholesaler; State the various credit instruments.

What you'll learn
  • Meaning.
  • Sources:
  • Mortgage
  • Loans and
  • Overdraft
  • Hire purchase
  • Hnance
  • Houses, etc
  • Functions of Credit to:
  • Retailer
  • Wholesaler
  • Credit
  • instruments