Which describes an example of using unsecured credit

Asked by maham237 @ 29/12/2020 in Social Studies viewed by 442 People

Which describes an example of using unsecured credit?
Someone buys new gutters for a home with a credit card.
Someone buys a new vehicle with a loan from a car dealer.
Someone buys a new home with a mortgage from a bank.
Someone buys a new boat with a loan from a boat dealer.

Answered by maham237 @ 29/12/2020

an example of using unsecured credit is: A. Someone buys new gutters for a home with a credit card.

Unsecured credit happens when there is no assurance to guarantee the credit which will increase the risk of potential loss in the process.
In option B, C, and D, the creditors could easily take back the product if that person failed to pay their credit.

A typical glass of wine contains about 21 grams of alcohol. consider a 101-pound woman, with approximately 6 liters (6000 milliliters) of blood, who drinks two glasses of wine. complete parts (a) and (b) below. a. if all the alcohol were immediately absorbed into her bloodstream, what would her blood alcohol content be?

Asked by maham237 @ 10/01/2021 in Social Studies viewed by 1004 persons

Which describes an example of using unsecured credit

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