Which of the Following Is a Valid Reason for Using

question 124

Multiple Choice

Which of the following is a valid reason for using credit?

• A) Purchasing a car so a homemaker can return to work
• B) Borrowing for a college education
• C) Purchasing an item that costs less now than it will later
• D) Paying for a medical emergency
• E) All of these are valid reasons for borrowing

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Definitions:

Information

Data that has been organized or presented in a meaningful way to aid understanding or decision-making.

Organized

The state of being efficiently arranged or structured in a systematic way for ease of use or access.

Petabyte

10^15 bytes of digital information.

Gigabyte

A unit of digital information that equals approximately 1 billion bytes or 1,000 megabytes.