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This type of credit occurs when a company receives goods from a supplier and pays for them later.
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
The value of all of a borrower's possessions is called
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Type of charge account that requires customers to make payments of a fixed amount over several months.
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Which of the following would be considered a travel and entertainment card?
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Anyone who buys on credit or receives a loan.
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Type of charge account that allows customers to acquire new debt and pay some part of existing debt at any time, as needed.
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Type of credit in which customers pay nothing until the end of the loan period.
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
Which of these does NOT bear the burden of proving that information in person's credit report is true?
the person him/herself
debtor
American Express card
single-payment loan
trade credit
revolving account
budget account
capital
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