In credit transactions, goods or services are purchased for cash only

State whether the following statement are true or false with reason :

In credit transactions, goods or services are purchased for cash only

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

This statement is False.

In credit transactions, goods and services are purchased and sold for credit only. Credit means post-pone payments for a future date.

4 views Answered 2023-02-05 15:29

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