Credit cards seem like a financially painless way to make purchases. But in actual financial terms, what is a credit card purchase?
What will be an ideal response?
Answer: A credit card purchase is a loan. The purchaser pays off the loan in installments when paying the credit card monthly bill.
Explanation: Credit cards loan people money on the spot to purchase goods or services. The loan amount (charges for purchases) are paid off in monthly installments that include accrued interest.
Business
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Independent off-price retailers either are independently owned and run or are divisions of larger retail corporations
Indicate whether the statement is true or false
Business
Which theory emphasizes the importance for leaders of helping people satisfy their dual needs
for fellowship and transcendence? A) transforming leadership B) servant leadership C) spiritual leadership D) authentic leadership
Business