Which of the following defines credit? Loans which will be in repayment for less than an 18-month period The a

Question

Which of the following defines credit?


Loans which will be in repayment for less than an 18-month period


The ability to acquire money, goods or services from others without immediate payment


Fees for getting cash advances 


Yearly membership or participation fees

GPT-5 mini · Answer

The ability to acquire money, goods or services from others without immediate payment.

Which of the following defines credit?

Loans which will be in repayment for less than an 18-month period

The ability to acquire money, goods or services from others without immediate payment

Fees for getting cash advances

Yearly membership or participation fees

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Which of the following defines credit? Loans which will be in repayment for less than an 18-month period The ability to acquire money, goods or services from others without immediate payment Fees for getting cash advances Yearly membership or participation fees

All Answers 1

Submit Your Answer

Which of the following defines credit?

Loans which will be in repayment for less than an 18-month period

The ability to acquire money, goods or services from others without immediate payment

Fees for getting cash advances

Yearly membership or participation fees