to buy goods on credit means to\npay cash for goods.\npromise to pay for goods later.\npromise to pay only a…
to buy goods on credit means to\npay cash for goods.\npromise to pay for goods later.\npromise to pay only a sale price.\npay only a discount price.
Answer
Answer:
B. promise to pay for goods later.
Explanation:
Step1: Define credit
Credit is deferred payment.
Step2: Analyze options
A is cash - payment, not credit. C and D are about price types, not credit concept. B matches the idea of paying later which is credit.