CREDIT INTRO
Authored by Caesar Caramanico
Social Studies
9th Grade
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8 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Consumer Credit is granted to
individuals
businesses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trade Credit is given to
consumers
businesses
3.
DRAG AND DROP QUESTION
1 min • 1 pt
(a) is typically defined as an (b) between (c) and a BORROWER
4.
DRAG AND DROP QUESTION
1 min • 1 pt
(a) - the granting of extended time to pay off a debt
(b) - a person or business that grants credit
(c) - the conditions set by the creditor
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a borrower fails to make payments as stated in the terms of agreement they are considered to be in
wrong
default
response
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Buying things on credit will increase the cost of a purchase
TRUE
FALSE
7.
OPEN ENDED QUESTION
3 mins • 1 pt
WHAT are some of the dangers of using CREDIT?
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