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Komok [63]
3 years ago
10

Any time that a person defers payment, they are using A) debt. B) trade. C) credit. D) bartering. Eliminate

Social Studies
2 answers:
gtnhenbr [62]3 years ago
4 0

Answer:

C credit.

Explanation:

A defer payment is a loan agreement in which the borrower is allowed to start making payment at some specified time in future. Any time that a person defers payment, they are using credit. Defer payment arrangement are often used in retail setting where a person buys items and promises to pay in future.

Mashcka [7]3 years ago
3 0
The correct answer is c
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