A Direct Loan for Personal Purposes, Home Improvements, or Vacation

question 62

Multiple Choice

A direct loan for personal purposes, home improvements, or vacation expenses is called

• A) A credit card.
• B) An installment cash credit.
• C) A bank line of credit.
• D) Open-end credit.
• E) Single lump-sum credit.

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Definitions:

UPS

An acronym that stands for Uninterruptible Power Supply, a device that provides battery backup power during electrical outages.

USB Outlet

An electrical socket designed to power or charge devices via USB cables without the need for an adapter.

Technical Support

Assistance provided to users of technology products or services to resolve hardware or software issues.