A disadvantage of using credit is impulse buying
Credit Flashcard-Management

Flashcard
•
Business
•
11th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
True
2.
FLASHCARD QUESTION
Front
Capital refers to a person’s assets.
Back
True
3.
FLASHCARD QUESTION
Front
What is principal?
Back
The non-interest portion of a loan.
4.
FLASHCARD QUESTION
Front
Paying your bills on time is a characteristic of: capital, character, capacity
Back
character
5.
FLASHCARD QUESTION
Front
Having a steady job is an example of: character, capacity, capital
Back
capacity
6.
FLASHCARD QUESTION
Front
Installment credit usually allows a person to make additional purchases on an account.
Back
False
7.
FLASHCARD QUESTION
Front
A common advantage of using credit is:
Back
ability to obtain needed items now
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