Choose wisely. There is only one correct answer to each question.
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1.
Which of the following are conditions for determining whether a purchase is a major one?
All of the above. People use any or all of these to determine whether something they want to buy qualifies as a major purchase.
2.
The definition of "large purchase" is standard and accepted by everyone.
False. The definition varies according to people, families, and businesses, often by their economic conditions.
3.
Which answer is most correct regarding the use of credit when making a major purchase?
B and C. All efforts should be made to avoid using credit cards, but there are occasions when they can and should be used.
4.
Buying a major purchase now instead of later is a perfect way to save money on it.
False. Waiting a while might net you a discount that wasnt there earlier, and it may also provide you the means to pay for it (such as with a tax refund).
5.
One advantage of buying a major purchase used instead of new is that you dont need to wait until youve saved up the money for the new one.
True. Not only can you have it now and save money, but with some items you can get some kind of warranty.