Single Answer MCQ
Q-00045442
In Salim's case, what role did credit play?
1
It caused him to incur losses.
2
It allowed him to hire workers and purchase materials.
3
It resulted in loan defaults.
4
It made him dependent on moneylenders.
Answer and Solution
Answer
B. It allowed him to hire workers and purchase materials.
Solution:
Credit enabled Salim to hire additional workers and buy necessary materials, crucial for fulfilling his order and achieving profits.
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