What Is Credit

question 58

Multiple Choice

What is credit?

• A)A type of card
• B)The same as debit
• C)A contractual agreement in which a borrower receives assets upon full payment over a period of time
• D)A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future,generally with interest

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Definitions:

Language Problem

Issues or barriers in communication arising from differences in language or linguistic proficiency.

Communication Skills

The ability to convey or share ideas and feelings effectively through various methods, including speaking, writing, and non-verbal expressions.

Technical Skills

The abilities and knowledge needed to perform specific tasks related to technology, engineering, mechanics, or other scientific fields.

Competitive Job Market

An employment environment where there are more job seekers than available jobs, making the job search highly competitive.