Business Chapter 18-1 Credit Fundamentals

The type of credit businesses use is __________

A __________ account is a credit agreement that requires a customer to make payments of a fix amount over several months.

__________ cards are co-branded with an issuing bank and they allow an organization to receive a small percentage of credit sales.

A creditor is anyone who buys on credit or receives a loan.

Yes

Is a cosigner responsible for the payment of a loan if it wasn't payed as promised?

Yes

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