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Paying for a drum set in six months and receiving the drum set today

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Jay toocutte

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3y ago
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13y ago

Credit. Like a credit card.

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Q: Which type of money uses a delayed payment to purchase goods?
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Related questions

Can you use a money order to purchase goods at JCPenney?

You cannot use a money order to purchase goods at JCPenney. They only accept cash, checks and major credit cards as forms of payment.


Difference between cash credit and overdraft?

Cash is money. Credit is a delayed form of payment. Overdraft is based on credit and is also a delayed form of payment.


What is the 2 definitions of money?

1. Money is what money does. 2. Accepted for the payment of Goods and services.


You received a collections notice for a bill you do not owe what do you do?

contact the company that claims you owe them money and ask them to produce proof that a purchase was made by you. If you did purchase the goods and paid for them try and find a proof that payment was made.


In the circular flow of goods and services what does the government use money payment to provide?

Goods and services


What is to purchase goods with loaned money?

AR


How would you define money?

Money is any medium that is universally accepted in an economy by sellers of goods and services as payment and by creditors as payment for debts.


What is proper utilization of money?

Money is used to purchase goods and services.


How does money greases the wheels of the economic activity?

source of inputs; used to purchase capital goods. payment of labour. medium of exchange in economies. it is central in all economic activities.


When consumers get more money they tend to substitute what kind of goods for normal goods?

Consumers with more money are more likely to purchase luxury goods.


Is money important in life or not?

Money is important because it helps in exchange of goods and services,payment of checks etc.


Legal tender money?

LEGAL TENDER MONEY: A legal medium of payment.