MONEY and CREDITS
279784
When does credit play a positive role?
1 When the loan repayment is not done on time but profits are made.
2 When neither loan repayment is done on time nor are profits made.
3 When the loan repayment is done on time and profits are made.
4 None of the above. 1Mark
Explanation:
When the loan repayment is done on time and profits are made.