Question

Which situation is an example of a person making use of credit?
A. An architect puts his weekly paychecks into a savings account at
a local bank.
O B. A college student saves up money in order to buy a cheap used
car.
O C. A farmer sells most of her crops to customers who live near her
farm.
O D. A business owner takes out a loan to expand and redecorate her
offices.
SUBMIT

Answer 1

An example of a person making use of credit is a business owner takes out a loan to expand and redecorate her offices.

What is credit?

Credit is when a person makes use of money he or she does not have in her account. Usually, the person borrows the money from a lender. When a business owner takes out a loan, she is making use of credit.

To learn more about credit, please check: https://brainly.com/question/27547395

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