WAEC Commerce 2017 Question 16

Question 16

Business Finance

Which of the following is a source of short term capital?

  1. A.Trade credit
  2. B.Shares
  3. C.Leasing
  4. D.Debenture
Show the answer and explanation

Answer: A (Trade credit)

Explanation

Trade credit lets a business pay suppliers later, usually within weeks, so it is short-term finance.