____ Would Be an Indication of Overspending

question 91

Multiple Choice

____ would be an indication of overspending.

• A)Having little or no savings
• B)Collection agencies calling you
• C)All of your credit cards charged to their limit
• D)Borrowing to pay for incidentals
• E)All of these

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Definitions:

Consumer Note

A debt instrument where the borrower promises to pay back a certain amount of money to the lender at a future date, typically used for personal, family, or household purchases.

Bills Of Exchange Act

Legislation that regulates the transfer, creation, and definition of bills of exchange, a type of financial instrument.

Endorse

To give support, approval, or recommendation publicly, or to sign the back of a financial instrument, transferring rights or ownership.

Refuse

To indicate unwillingness to accept, do, engage with, or consent to something.