menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 1
  4. Exam
    Exam 6: Using Credit
  5. Question
    Open Account Credit Is a Form of Credit Extended to a Consumer
Solved

Open Account Credit Is a Form of Credit Extended to a Consumer

Question 94

Question 94

True/False

Open account credit is a form of credit extended to a consumer in advance of any transaction.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q89: Choose the word or phrase in [

Q90: Interest rates on credit cards tend to

Q91: _ would be an indication of overspending.<br>A)Having

Q92: A credit card can provide an interest-free

Q93: Choose the word or phrase in [

Q95: Debit cards look like credit cards,but they

Q96: _ would be an acceptable use of

Q97: Clare's gross salary is $36,000 annually and

Q98: Most organizations that issue credit cards have

Q99: Secured credit cards require that the cardholder

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines