Which of the following is a major reason why people use credit?
A) Weekly purchase of food
B) Monthly payment of utility bills
C) Regular payment of small cash outlays
D) Frequent impulse purchases
E) Occasionally for convenience

Question

Quizplus · Accepted Answer

Credit is often used for convenience, allowing for easier transaction processes and the ability to handle unexpected or large expenses without requiring immediate cash availability.

Which of the Following Is a Major Reason Why People