Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 2 business studies revision questions and answers set 3

Credit cards are increasingly being used in transactions in Kenya. Highlight four disadvantages of using credit cards.

 (1m 15s)
696 Views     SHARE

Download as pdf file

Answer Text:
-Prone to fraud that leads to lose of carbon
-Common in towns and not in rural areas
-Only few businesses accept the card therefore not widely used
-Long procedures are involved which discourage many people
-High interests/ penalty is charged when one delays to pay which is expensive


|