A Credit Card Is A(n)________ Loan

question 5

Multiple Choice

A credit card is a(n) ________ loan.

• A)secured
• B)unsecured
• C)permanent
• D)impermanent

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Definitions:

Competitive Move

An action taken by a company to strengthen its position in the market relative to its competitors.

Manufacturing Costs

The total expenses associated with the production of goods, including materials, labor, and overhead costs.

Marketing Costs

Expenses associated with promoting a company's goods or services.

Civil War

An internal conflict between groups within the same country, often over issues of governance, territory, religion, or ethnicity.