Question and answer
20) Which of the following is an advantage of consumer credit? A. It serves as a source of emergency cash. B. It has no impact on financial statements. C. It carries no risk of overspending. D. It allows you to buy now, pay now.
Question
Asked 5/19/2011 12:22:25 PM
Updated 1/31/2017 1:48:24 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by alfred123 [1/31/2017 1:48:24 AM]
s
Get an answer
Original conversation
User: 20) Which of the following is an advantage of consumer credit? A. It serves as a source of emergency cash. B. It has no impact on financial statements. C. It carries no risk of overspending. D. It allows you to buy now, pay now.

Weegy: D. It serves as a source of emergency cash
lycan_1005|Points 449|

Question
Asked 5/19/2011 12:22:25 PM
Updated 1/31/2017 1:48:24 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by alfred123 [1/31/2017 1:48:24 AM]
New answers
Rating
8
It serves as a source of emergency cash is an advantage of consumer credit.
Added 1/31/2017 1:45:22 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/31/2017 4:16:04 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which of the following is an example of long-term debt? A. Car maintenance B. Property taxes C. Credit card balance D. Home equity loan
Question
Updated 5/14/2015 2:41:50 AM
1 Answer/Comment
Home equity loan is an example of long-term debt.
Added 5/14/2015 2:41:50 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/14/2015 3:01:25 AM]
What is another name for a regular savings account? A. Passbook account B. Certificate of deposit C. Mutual fund D. Money market account
Weegy: D. Money market account (More)
Question
Updated 4/29/2015 10:06:41 PM
1 Answer/Comment
Passbook account is another name for a regular savings account.
Added 4/29/2015 10:06:41 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [4/30/2015 2:59:06 AM]
Which is an example of closed-end credit?A. Overdraft protectionB. Travel and entertainment cardC. Car loanD. Credit card
Question
Updated 6/29/2016 2:45:34 PM
1 Answer/Comment
Car Loan is an example of closed-end credit.
Added 6/29/2016 2:45:34 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/29/2016 2:59:32 PM]
Credit cards offer which of the following advantages?A. A borrower-selected interest rateB. The necessity for personal identificationC. The ability to make remote purchasesD. Inexpensive renter s insurance
Question
Updated 7/5/2015 7:34:45 AM
1 Answer/Comment
Credit cards offer the following advantage: The ability to make remote purchases.
Added 7/5/2015 7:34:45 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [7/5/2015 5:31:34 PM]
34,177,419
questions answered
Popular Conversations
For each blank, write a word that is an antonym of the italicized ...
Weegy: 1. He couldn?t bear the cold of Alaska after living in the __________ of Texas. 2. He has been accused of ...
7/15/2021 1:53:06 PM| 12 Answers
Creative writing is usually done to give _____ and _____. Three forms ...
Weegy: Creative writing is usually done to give (pleasure) and (inspiration). Three forms of creative writing are ...
7/15/2021 3:29:59 AM| 3 Answers
Define muscular endurance
Weegy: Muscular endurance is the ability of a muscle or group of muscles to sustain repeated contractions against a ...
7/19/2021 7:32:03 PM| 3 Answers
The Zero law Means
7/21/2021 2:04:29 AM| 3 Answers
How many cities are in pennsylvania
7/22/2021 5:04:58 PM| 3 Answers
What’s 2 plus 7
Weegy: 2 + 2 is 4. User: That’s 2 + 8 Weegy: Hi, how can help you? User: What’s 2 + 8 Weegy: 2 * 2 = 4 User: ...
7/22/2021 7:30:18 PM| 3 Answers
S
L
Points 855 [Total 1566] Ratings 2 Comments 835 Invitations 0 Online
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
P
1
L
Points 637 [Total 5198] Ratings 22 Comments 417 Invitations 0 Offline
S
L
P
P
Points 615 [Total 3558] Ratings 0 Comments 615 Invitations 0 Offline
S
L
Points 464 [Total 465] Ratings 0 Comments 464 Invitations 0 Offline
S
L
L
P
Points 258 [Total 5669] Ratings 1 Comments 248 Invitations 0 Offline
S
L
R
Points 244 [Total 735] Ratings 13 Comments 104 Invitations 1 Offline
S
L
Points 233 [Total 523] Ratings 0 Comments 233 Invitations 0 Offline
S
L
P
P
L
P
Points 174 [Total 7102] Ratings 1 Comments 164 Invitations 0 Offline
S
L
1
1
1
1
1
Points 140 [Total 2081] Ratings 14 Comments 0 Invitations 0 Offline
S
L
Points 128 [Total 128] Ratings 4 Comments 88 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.