An Example of Open-End Credit Is

question 38

Multiple Choice

An example of open-end credit is:

• A)the use of a bank credit card to make a purchase.
• B)a mortgage loan from a savings and loan institution.
• C)an automobile loan from a credit union.
• D)an installment loan from a furniture store.
• E)an installment loan for purchasing a major appliance.

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Definitions:

Identical Twins

Twins who develop from a single fertilized egg, sharing all of their genes and typically, but not always, having very similar appearances.

Spatial Tasks

These refer to cognitive tasks that involve the processing of visual and spatial information, allowing individuals to understand and navigate the spatial aspects of their environment.

Verbal Skills

The abilities associated with expressing ideas effectively through spoken or written language and understanding others’ language.

Sex

A biological characteristic defining male and female organisms based on reproductive anatomy and function.