Which of the these is the best reason for a business to use credit?

Question

(1 point)
Responses

paying off other past debts

paying off other past debts

upgrading working computers for all employees

upgrading working computers for all employees

repairing damage to a building immediately after a hurricane

repairing damage to a building immediately after a hurricane

providing all employees with a Christmas bonus to boost moral

Answer 1

The best reason for a business to use credit from the options provided is:

repairing damage to a building immediately after a hurricane.

This is because immediate repairs are essential to ensure the safety of employees, protect assets, and avoid further damage, making it a critical and urgent need. In contrast, upgrading computers and providing bonuses are important but may not be as immediate as repairing damage after a disaster. Paying off past debts is a necessity but may not leverage credit for growth or improvement.