Question

What is credit?

A.
an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later
B.
an arrangement in which you receive goods or services in exchange for other goods and services
C.
an arrangem

Answer 1

A.

an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later

Step-by-step explanation:

credit is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

it is an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later