6
AssignmentMultiple Choice

Boom and Bust

Question 6 • Crowley Credit Recovery US History Studies Since 1877 A

How does a person use credit to make a purchase?

Answer
A
by leaving a deposit with the seller
B
by making a promise to pay at some point in the future
C
by giving the cashier a handful of cash

Explanation

Using credit means getting the purchase now and agreeing to pay for it later. That is a promise to pay at some point in the future. Leaving a deposit or paying cash does not describe using credit.

AI-written and checked against the verified answer.

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