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Question
question 19 of 20
which purchase usually requires a down payment?
a. buying a house
b. renting a car for the weekend
c. leasing an apartment
d. buying a cell phone
When buying a house, it is common for the buyer to make a down payment. This is a portion of the total purchase price paid upfront. Renting a house (B) involves paying rent, not a down payment. Leasing an apartment (C) also involves lease payments, not a down - payment. Buying a cell phone (D) usually does not require a down payment, especially for lower - cost models or with certain payment plans.
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A. Buying a house