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Leadershi Ch25

Authored by Stacie Loeffelholz

Specialty

9th - 12th Grade

Used 1+ times

Leadershi Ch25
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An agreement to obtain money, goods, or services now in exchange for a promise to pay in the future

Commercial credit
Consumer credit
Credit
Creditor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lends money or provides credit

Credit
Creditor
Consumer credit
Commercial credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Borrows money or uses credit

Debtor
Creditor
Consumer credit
Commercial credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of credit used by people for personal reasons

Credit rating
Creditor
Debtor
Consumer credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit used by business

Interest
Credit rating
Consumer credit
Commercial credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A measure of a person's ability and willingness to pay debts on time

Interest
Consumer credit
Credit rating
Collateral

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A credit proved by a store or company for customers to buy its products

Commercial credit
Installment loans
Collateral
Charge accounts

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