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  3. Small Business Management Study Set 1
  4. Quiz 14: Small Business Marketing: Price and Promotion

The Type of Credit Where the Consumer Takes Possession of the Goods

Question 93
Multiple Choice

The type of credit where the consumer takes possession of the goods and the business then bills the consumer is known as a/an A) Open charge account B) Installment account C) Line of credit D) Debit card

Related questions
Q 94
The type of credit frequently offered to customers who are purchasing big-ticket items like cars and boats where the customer makes a down payment and then monthly payments is known as a/an A) Open charge account B) Installment account C) Line of credit D) Debit card
Q 95
The type of credit that operates like a revolving credit account where customers can purchase goods up to a certain dollar limit without a new credit check for each purchase is known as a/an A) Open charge account B) Installment account C) Line of credit D) Debit card
Q 96
Trade credit can take the form of all but which of the following? A) Consignment goods B) Seasonal dating C) Extended payment periods D) Reference payment periods
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