American_Bankers_Association
CTFA · Question #246
CTFA Question #246: Real Exam Question with Answer & Explanation
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Question
People typically use credit as a way to pay for goods and services that cost more than they can afford to take from their current income. Whatever their age group, people tend to borrow for several major reasons. Which of the following is out of those reasons?
Options
- ATo meet financial emergency
- BFor convenience
- CTo avoid paying cash for large outlays
- DNone of these
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