American_Bankers_Association
CTFA · Question #247
One can avoid the possibility of future repayment socks by keeping in mind the some types of transactions for which you should not generally use credit. Which of the following is Not out of those…
The correct answer is D. To purchase durable goods and services. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
One can avoid the possibility of future repayment socks by keeping in mind the some types of transactions for which you should not generally use credit. Which of the following is Not out of those transactions?
Options
- ATo meet basic living expenses
- BTo make impulse purchases
- CTo purchase non-durable (short-lived) goods and services
- DTo purchase durable goods and services
How the community answered
(29 responses)- A3% (1)
- B14% (4)
- C7% (2)
- D76% (22)
Topics
#credit management#durable goods#impulse purchases#credit usage
Community Discussion
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