Which is an example of using credit?

O A consumer buys an item and pays by check.

O A consumer buys an item and promises to pay later.

O A consumer buys a share in a company.

O A consumer brys an item and argues over the price.

Question

History

Evelyn Sexton

31 January, 12:16

Which is an example of using credit?

O A consumer buys an item and pays by check.

O A consumer buys an item and promises to pay later.

O A consumer buys a share in a company.

O A consumer brys an item and argues over the price.

+5

Answers (1)

Know the Answer?

Odin Bentley · Answer 1

Answer: A consumer buys and item and promises to pay later.

Explanation:

The whole concept of credit when it was first created was "buy now, pay later." This was also one of the major reasons for the Great Depression. So your answer would be the second choice.

Which is an example of using credit?O A consumer buys an item and pays by check.O A consumer buys an item and promises to pay later.O A consumer buys a share in a company.O A consumer brys an item and argues over the price.

Which is an example of using credit?

O A consumer buys an item and pays by check.

O A consumer buys an item and promises to pay later.

O A consumer buys a share in a company.

O A consumer brys an item and argues over the price.