Ask Question
30 December, 02:16

Which situation explains how a credit becomes a debt?

A) A buyer purchases furniture on credit, and then owes a debt to the furniture store.

B) An electronics store extends credit to a buyer, and then owes a debt to the buyer.

C) A mechanic exchanges services with a plumber, and incurs a debt to the plumber.

D) A farmer purchases used equipment in exchange for a share of the crops grown.

+2
Answers (2)
  1. 30 December, 04:34
    0
    I think A is the answer
  2. 30 December, 04:55
    0
    The answer is A because its the only answer that explains the process of credit becoming debt correctly.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which situation explains how a credit becomes a debt? A) A buyer purchases furniture on credit, and then owes a debt to the furniture ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers