Open Account Credit Is a Form of Credit Extended to a Consumer

question 94

True/False

Open account credit is a form of credit extended to a consumer in advance of any transaction.

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Definitions:

Animal Training

The practice of teaching animals specific responses to specific conditions or stimuli, often used for companionship, service, or entertainment.

Emotional Reactions

The spontaneous and often unconscious responses to events or stimuli that involve feelings, physiological arousal, and changes in behavior.

Reaction Time

The amount of time it takes to respond to a stimulus.

Observable Behaviours

Observable and quantifiable behaviors or responses of a person to either external or internal factors.