Question

20.which of the following refers to an agreement in which the lender supplies the borrowers with money, goods and services in return for the promise of a future payment?

Affidavit

Contract

Credit

Clear selection


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Answer 1

Answer:

Credit Agreement is an agreement in which the lender supplies the borrower with money goods or services in return for the promise of future payment. Explanation: A loan agreement is a contract that is legally binding recording the terms of a loan deal. The loan agreement outlines all the terms of the loan.

Answer 2

Answer:

credit

Explanation: