Household Purchase

Question 1

What do consumers purchase goods and services with

Answer 1

Cash
Credit-receive now pay later
Store cards-like credit cards but for one shop
credit cards
renting-Pay fr use for an item but never own the item
hire purchase-buyer gets to use the asset as the are paying for it.No security is needed but the total price paid is more expensive the higher purchase company pays the seller than the buyer pays the hp company