Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 2

2

lesson pretestMultiple Choice

Pretest

Question 2 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Which describes an example of using unsecured credit?

Answer

A

Someone buys a new vehicle with a loan from a car dealer.

B

Someone buys new gutters for a home with a credit card.

C

Someone buys a new boat with a loan from a boat dealer.

D

Someone buys a new home with a mortgage from a bank.

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Which describes an example of using unsecured…