With closed-end credit,generally the seller holds the title to the merchandise until the payments have been completed.

Name: With closed-end credit,generally the seller holds the title to the merchandise until the payments have been completed.
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Question

Quizplus · Accepted Answer

In closed-end credit, the seller often retains the title to the merchandise as collateral until the buyer completes all payments, ensuring the seller's security in the transaction.

With Closed-End Credit,generally the Seller Holds the Title to the Merchandise