Which of the Following Is Not a Valid Reason for Using

question 33

Multiple Choice

Which of the following is not a valid reason for using credit?

• A)To pay for a medical emergency
• B)To purchase a car for a homemaker returning to the workforce
• C)To purchase an item now for less money than it will cost later
• D)To pay for everyday living expenses
• E)To pay for a college education

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Definitions:

Equivalence

The state of being equal in value, function, or meaning.

Psychic Value

The importance or significance that an individual attaches to objects, events, or relationships as per their emotional or unconscious investment.

Desires

Strong feelings of wanting or wishing for something to happen or be the case.

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof.