Which Type of Organisation Is a Good Source of Consumer

question 20

Multiple Choice

Which type of organisation is a good source of consumer credit information?

• A)Trade-credit agencies
• B)Third-party reports
• C)The Federal Credit Reporting Agency
• D)Credit bureaus

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Definitions:

Quantitative Terms

Relates to, measuring, or measured by the quantity of something rather than its quality.

Opportunity Cost

The cost of missing out on the next best alternative when making a decision or choice.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Benefit

An advantage or profit gained from something.