Which of the following businesses would be most likely to offer installment credit to its customers?
A)A retailer of major appliances
B)A convenience store
C)A printer
D)A clothing retailer

Question

Quizplus · Accepted Answer

A retailer of major appliances would be most likely to offer installment credit because these items are typically high-priced and require a long-term payment plan. Convenience stores, printers, and clothing retailers typically sell lower-priced items that customers would be more likely to pay for in full at the time of purchase.

Which of the Following Businesses Would Be Most Likely to Offer