Kathy Purchased a $2,000 Digital TV from Young's Appliances

question 70

Multiple Choice

Kathy purchased a $2,000 digital TV from Young's Appliances.She will make 12 equal payments over the next year to pay for it.She is using:

• A)an installment loan
• B)open-end credit
• C)revolving check credit
• D)a line of credit
• E)none of the above

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Definitions:

Back-Up Plan

A prearranged alternative set of actions or resources available in case the original plan fails or encounters problems.

Executive Reality Check

A critical evaluation or assessment meant to provide company leaders with a clear and accurate understanding of the business's actual situation as opposed to perceived notions.

Emotional Labor

involves managing and regulating one's emotions to meet the emotional requirements of a job or role, often seen in service-oriented professions.

Customer Service

The support and guidance offered by a business to its customers who purchase or utilize its goods or services.