What is an arrangement of receiving money, goods, or services now in exchange for the promise of payment later called? A.) Collateral B.) Interest C.) Credit

Question

asked Jan 3, 2017 208k views

2 Answers

← Prev Question Next Question →

Ask a Question

Ramanujam Allam · Answer 1 · 2017-01-07T02:49:32+0000

An arrangement of receiving money, goods, or services now in exchange for the promise of payment later is called credit. With credit, a person can get a car, house, appliances, furniture, and much more. The correct answer is C.

What is an arrangement of receiving money, goods, or services now in exchange for the promise of payment later called? A.) Collateral B.) Interest C.) Credit

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions