Which of the following is an advantage of consumer credit
A) you can allow you to save money if you time your purchase correctly
B) it can encourage consumers to spend beyond their means
C) you can earn extra money for lenders
D) it cost more than cash purchases
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is an advantage of consumer credit A) you can allow you to save money if you time your purchase correctly B) it can ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A portfolio comprises two stocks, A and B, with equal amounts of money invested in each. If stock A's stock price increases and that of stock B decreases, the weight of stock A in the portfolio will increase. True False
Answers (1)
By separating the value of the actual flight from the services associated with flying, airlines have greatly expanded the profit pool associated with flying. This combines the advantages of integrating overall low cost and differentiation strategies.
Answers (1)
A 17-year, semiannual coupon bond sells for $948.63. The bond has a par value of $1,000 and a yield to maturity of 7.11 percent. What is the bond's coupon rate
Answers (1)
What is the process that determines what is needed, how to collect it, analyze it, and use it for effective market planning? a) controlb) marketing information systemc) ansoff matrixd) SMART goals
Answers (1)
How do we know our current money has value?
Answers (1)
New Questions in Business
What data is most likely to determine the length of time a corpse has been dead?
Answers (1)
Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to attract customers, the firm prices its product low at $8 per unit.
Answers (1)
When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled apartment will be able to find one. a shortage of the apartments will develop. a surplus of apartments will emerge.
Answers (2)
Below is a common problem in which the payments are not the same time period as the interest rate or the time period.
Answers (1)
The following data were taken from the records of Action Company and Brown Company: (Data are in thousands) Action Company Brown Company Current assets $15,000 $10,000 Current liabilities $14,500 $5,000 Working capital $500 $5,000 Current ratio 1.
Answers (1)