Before Buying Goods and Services on Credit, a Consumer Should

question 64

Multiple Choice

Before buying goods and services on credit, a consumer should consider all of the following except

• A) Whether purchasing now will increase efficiency
• B) Whether purchasing now will increase productivity
• C) Whether purchasing now will result in a more satisfying life
• D) Whether the benefits of purchasing now will outweigh the costs
• E) Whether the good or service will be worth more because it was purchased with credit instead of cash.

---

Definitions:

Administrative System

A framework that governs the organization and management of tasks, operations, and procedures within an institution or organization.

Exceeded Discretion

An action taken by a court or public official that goes beyond the limits of their given authority or powers.

License Revocation

The formal termination of a license, denying the license holder the legal right to engage in the activity previously authorized by the license.

Subpoena Duces Tecum

A legal order requiring a person to produce documents or records for a court case.