QUESTION IMAGE
Question
roaring economy
to buy goods on credit means to
promise to pay only a sale price promise to pay for goods later. pay only a discount price pay cash for goods.
Brief Explanations
When buying on credit, the key concept is deferred payment. It's not about a sale price (which is a temporary reduced price) or a discount price (a reduced price in general). Paying cash is the opposite of credit. Credit specifically means getting the goods now and promising to pay later.
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promise to pay for goods later.