Handyman Hardware, a Small Community-Based Store, Offers Its Consumers the Option

question 99

Multiple Choice

Handyman Hardware, a small community-based store, offers its consumers the option of using credit.Creditworthy individuals are able to use the "HH Credit Card" for all purchases up to a credit limit of R1 000.Consumers are required to pay at least 20 per cent of their outstanding balance at the end of each month.A 2 per cent finance charge is assessed on the unpaid balance at the end of each billing cycle.Handyman Hardware is employing ____ in its business.

• A)open charge accounts
• B)instalment accounts
• C)revolving charge accounts
• D)selective accounts

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Definitions:

Behavioral Problems

Refers to a range of actions and attitudes exhibited by individuals that are considered socially unacceptable or disruptive.

Child Maltreatment

Any act or series of acts of commission or omission by a parent or other caregiver that results in harm, potential for harm, or threat of harm to a child.

Sociocultural Application

The use of sociocultural theory to understand how society and culture influence behaviors, attitudes, and learning.

Teenage Autonomy

The stage in adolescent development where teenagers start seeking independence and making decisions on their own, often challenging parental authority.