An improper use of extended credit is buying:
A) a car.
B) a house.
C) an expensive dinner.
D) a piece of land.
E) furniture.

Question

Quizplus · Accepted Answer

An expensive dinner is not a necessary or essential purchase, and therefore using extended credit to pay for it is an improper use of credit. It is important to only use extended credit for necessary and important purchases such as a car or a house.

An Improper Use of Extended Credit Is Buying