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What does buying goods on credit means?

Sagot :

Buying goods on credit means purchasing items and services now, with the agreement that you will pay for them later.

For example, a customer may purchase a new television on credit from an electronics store and agree to pay for it over a period of time by making monthly payments.

A buyer is a person who purchases goods or services for personal or business use.

Buying is the process of selecting and purchasing goods or services from a seller or supplier. It involves researching, comparing, negotiating, and making a decision about which product or service to purchase.

A seller is an individual or company that sells goods or services in exchange for money or other forms of payment.

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