The Type of Credit That Operates Like a Revolving Credit

question 112

Multiple Choice

The type of credit that operates like a revolving credit account where customers can purchase goods up to a certain dollar limit without a new credit check for each purchase is known as a/an ______.

• A) open charge account
• B) installment account
• C) line of credit
• D) debit card

Identify key classical utilitarian theorists and their contributions to ethical philosophy.

Comprehend the decision-making process according to Act Consequentialists and the basis on which decisions are made.

Learn the steps involved in Utilitarian decision analysis, starting with the identification of relevant alternatives or outcomes.

Differentiate between the two basic forms of consequentialist theory.

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Definitions:

African Influences

Refers to the cultural, social, linguistic, and historical impact of Africans and African descendants across the world, significantly in areas such as music, cuisine, language, and social practices.

Separate Identity

The concept of developing a distinct personality, culture, or brand that differentiates an entity from others.

Mental Independence

The state of having the freedom to think and make decisions without undue influence from external forces.

Former Slaves

Individuals who were previously enslaved and have since gained their freedom, particularly in reference to the historical context of slavery in various regions.