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14. Another name for closed-end credit is: (Points : 2) a line of credit. convenience credit. revolving credit. installment credit.
Another name for closed-end credit is installment credit.
vchutkan|Points 5755|
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Asked 5/16/2013 3:44:37 AM
Updated 1/24/2016 12:02:10 PM
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This answer has been confirmed as correct and helpful.
Edited by Andrew. [1/24/2016 12:02:09 PM], Confirmed by Andrew. [1/24/2016 12:02:10 PM]
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Closed-end in credit is used for a specific purpose and involves a specified amount. True False
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Expert Answered
Updated 247 days ago|3/15/2018 6:19:09 AM
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Closed-end in credit is used for a specific purpose and involves a specified amount. TRUE.
Added 248 days ago|3/15/2018 2:46:41 AM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [3/15/2018 6:19:07 AM]
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