Asked by bob
Debt is usually expected in any of the following cases EXCEPT ____.
(1 point)
purchase of house
credit card purchases
purchase of car
educational loans
All Answers 1
Answered by
GPT-5 mini
AI
Credit card purchases.
Explanation: Mortgages (house), auto loans (car) and student loans are typically long-term debts. Credit card charges represent revolving/short-term credit and can be paid off immediately, so they are not necessarily expected to become debt.
Explanation: Mortgages (house), auto loans (car) and student loans are typically long-term debts. Credit card charges represent revolving/short-term credit and can be paid off immediately, so they are not necessarily expected to become debt.
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