QUESTION IMAGE
Question
to buy goods on credit means to
pay cash for goods.
promise to pay for goods later.
promise to pay only a sale price.
pay only a discount price.
Brief Explanations
Buying on credit is a business and financial practice where a purchaser receives goods immediately but agrees to fulfill the payment obligation at a later date, rather than paying upfront. The other options describe immediate cash payment, restricted payment to sale price, or discounted price, which do not match the definition of credit purchases.
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promise to pay for goods later.