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MathematicsMathematics
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.

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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.
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Home » Mathematics » 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.
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