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PLEASE HELP
which situation is an example of a person making use of credit?
A. a college student buys a car with money she made working a summer job.
B. an athlete borrows money from a bank to buy an expensive workout machine.
C. a teacher puts his weekly paycheck into a savings account at a local bank.
D. a farmer sells most of her crops to customers who live in other countries. ​

Respuesta :

Answer:

B, as the athlete is borrowing funds

Explanation:

In these given statements, the person who is making use of credit is a person who is borrowing money from a bank to buy an expensive workout machine. Thus, Option B is the correct statement.

What is credit?

Credit is the belief that permits one organization to offer cash or sources to every other party in which the second party does now no longer reimburse the primary party immediately, however, guarantees both to pay off at a later date.

Thus, Option B is the correct statement.

learn more about Credit here:

https://brainly.com/question/3460935

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