1
practice testMultiple Choice

Practice Test

Question 1 • US History: Reconstruction to Present

To buy goods on credit means to

Answer
A
pay only a discount price.
B
promise to pay for goods later.
C
pay cash for goods.
D
promise to pay only a sale price.

Explanation

Buying goods on credit means receiving the goods now and agreeing to pay for them later. It does not mean paying cash at the time of purchase, so the correct choice is “promise to pay for goods later.”

AI-written and checked against the verified answer.

Next