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The Credit Instrument Is the ___________________

Question 239

Multiple Choice

The credit instrument is the ___________________.


A) Legal document submitted to the CRA for every business transaction in Canada.
B) Basic evidence of indebtedness in a credit transaction.
C) Cost of obtaining financing on consumer products.
D) Means of payment chosen by the purchaser in a standard EOM transaction.
E) Receipt for payment issued by the firm on its cash disbursements.

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