Appropriate reasons to use credit include:
A) convenience.
B) durable expenses.
C) investment.
D) emergencies.
E) all of the above

Question

Quizplus · Accepted Answer

All of the above reasons are appropriate for using credit. Credit can be used for convenience in making purchases, for durable expenses such as a car or home, for investment opportunities, and for emergency situations where immediate funds are needed. However, it is important to use credit responsibly and to ensure that you are able to repay the debt in a timely manner.

Appropriate Reasons to Use Credit Include