Which is the best definition of credit?

A. Credit means that you can use a mobile wallet system to get things for free.
B. Credit means that you can use a pre-paid gift card to make purchases at a store.
C. Credit means that someone agrees to give you financial resources with no expectation that you will repay the money at some point in the future.
D. Credit means that someone agrees to provide you financial resources based on the belief that you will repay the money at some time in the future.


Answer: D

Education

You might also like to view...

Describe a lesson plan that encourages your kindergarten children to use creative dance to tell a story. Tell which parts of the activity the teacher will decide, and which parts will be decided by the children.

What will be an ideal response?

Education

A brother helps his younger sister with her math homework, helping her work within her zone of proximal development. Which of the following is he most likely doing?

a. giving her the answers from the back of the textbook after her attempts at each problem b. working the problems for her and then explaining his reasoning c. explaining his strategy for solving each problem in the homework d. scaffolding by giving her hints on the first few problems

Education

Answer the following statement(s) true (T) or false (F)

Chapter 8 of this book limits its help coverage by providing detailed Tutorials since this is the most productive way of providing assistance to the IBM SPSS Statistics software program user.

Education

The role of the principal in today's schools

a. Is under public scrutiny as never before b. Always has an assistant to help with the management functions of the school c. Has a specific set of expectations that are set by the federal government d. Is always a 9 month position

Education