Consumer Credit Is Non-Business Debt Used by Consumers for Expenditures

question 92

True/False

Consumer credit is non-business debt used by consumers for expenditures including home mortgages.

---

Definitions:

Characteristic

A distinguishing trait, quality, or property that defines or identifies something.

Common Name

A name by which a species is known to the general public, as opposed to its scientific or Latin name.

Trademark Infringement

An unauthorized use of a trademark or service mark on competing or related goods and services, leading to a likelihood of confusion.

Injunction

An order issued by a court that compels a person or entity to either take a certain action or stop doing something.