Which of the Following Are Signs of Debt Problems

question 1

Multiple Choice

Which of the following are signs of debt problems?

• A)continually go over your spending limit
• B)use credit cards as a necessity rather than as a convenience
• C)always borrowing money to make it from one payday to the next
• D)you pay only interest or service charges monthly and do not reduce your total debt
• E)all these statements are signs of debt problems.

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Definitions:

Automobile Dealer

A business that sells new or used cars at the retail level, based on a dealership contract with an automaker.

Retail Business

A business model that involves selling goods directly to consumers, typically through physical stores, online platforms, or both.

Supermarket

A large retail market that sells food and other household goods and is typically part of a chain or franchise.

Retail Business

Enterprises that sell goods directly to consumers, typically through physical stores or online platforms, involving direct interaction with end-users.