Question
allows consumers to make purchases up to a credit limit
allows consumers to make any number of purchases if bills are paid promptly
utilized to make major purchases
Options:
installment charge accounts, varying charge accounts, regular charge accounts, stagnant charge accounts, revolving charge accounts
allows consumers to make any number of purchases if bills are paid promptly
utilized to make major purchases
Options:
installment charge accounts, varying charge accounts, regular charge accounts, stagnant charge accounts, revolving charge accounts
Answers
GPT-4o mini
The correct option that describes the ability to make purchases up to a credit limit, allows consumers to make any number of purchases as long as bills are paid promptly, and is utilized to make major purchases is **revolving charge accounts**.