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to buy goods on credit means to pay cash for goods. promise to pay for …

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.

Explanation:

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.

Answer:

promise to pay for goods later.