When is credit said to have occurred?
A) when one party reclaims money lent to another party
B) when one party sells goods to another party for cash
C) when one party gives a loan to another party
D) when one party pays back money that he owes to another party
Correct Answer:
Verified
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Q9: Which of the following is true of
Q12: The _ requires a mortgage or deed
Q14: A legal procedure by which a secured
Q16: A _ is an instrument that gives
Q16: Credit that requires collateral that protects payment
Q17: Which of the following is true of
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