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Choose True or False.

Awareness of persuasive advertising that tries to sell unwanted items helps consumers make wiser buying decisions.
A cosigner witnesses you signing a credit contract.
A finance charge is the total amount a borrower pays a creditor for credit.
A specialty store offers a particular line of goods, while a department store offers a wide product range.

1 answer

  1. True - Awareness of persuasive advertising that tries to sell unwanted items helps consumers make wiser buying decisions.
  2. False - A cosigner does not typically witness you signing a credit contract; rather, they agree to take responsibility for the loan alongside you if you default.
  3. True - A finance charge is indeed the total amount a borrower pays a creditor for credit.
  4. True - A specialty store offers a particular line of goods, while a department store offers a wide product range.