Worksheets4AA- Credit Quiz
Total questions: 10
Worksheet time: 5mins
Cash is always available. Consumers don't need credit.
True
False
___________ is borrowing money to make purchases.
Credit
Borrowing
Loans
_________ is a form of credit.
Hire Purchase
Cash purchase
Free samples
____________ is a system of paying a deposit to secure an item for later purchase.
Hire Purchase
Layaway
Loans
_____________ is the taking of good for use on credit.
Trust credit
Hire purchase
Layaway
____________ is the price of a product if you pay the whole amount immediately using money
Selling price
Cash price
Hire purchase
The _______ is the one borrowing money.
Hire purchaser
Hirer
Borrower
ONE responsible of the hirer is to:
Pay in a timely manner
Take long periods to pay
Pay at intervals.
Before entering in a hire purchase agreement, one should:
Be aware of the interest cost
Sign the agreement without reading
Destroy the goods then return it.
Which store provides Hire Purchase to customers?
Courts Belize
Nazarene High School
Belize Police Department
