Question

An agreement in which the lender supplies the borrower with money, goods or

services in return for the promise of future payment refers to

(a) Debt

(b) Deposit

(c) Credit

(d) Collateral​

Answer 1

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ᴛʜᴇ ᴄᴏʀʀᴇᴄᴛ ᴀɴꜱᴡᴇʀ ɪꜱ ᴄ ( ᴄʀᴇᴅɪᴛ).

ᴀɴ ᴀɢʀᴇᴇᴍᴇɴᴛ ɪɴ ᴡʜɪᴄʜ ᴛʜᴇ ʟᴇɴᴅᴇʀ ꜱᴜᴘᴘʟɪᴇꜱ ᴛʜᴇ ʙᴏʀʀᴏᴡᴇʀ ᴡɪᴛʜ ᴍᴏɴᴇʏ, ɢᴏᴏᴅꜱ ᴏʀ ꜱᴇʀᴠɪᴄᴇꜱ ɪɴ ʀᴇᴛᴜʀɴ ꜰᴏʀ ᴛʜᴇ ᴘʀᴏᴍɪꜱᴇ ᴏꜰ ꜰᴜᴛᴜʀᴇ ᴘᴀʏᴍᴇɴᴛ ɪꜱ ᴄᴀʟʟᴇᴅ ᴄʀᴇᴅɪᴛ ᴀɢʀᴇᴇᴍᴇɴᴛ.

ᴀꜱ ɪɴ ᴛʜɪꜱ ᴀɢʀᴇᴇᴍᴇɴᴛ ᴛʜᴇ ᴄᴏɴꜱɪᴅᴇʀᴀᴛɪᴏɴ ɪꜱ ᴘᴀɪᴅ ʙʏ ᴛʜᴇ ʙᴏʀʀᴏᴡᴇʀ ʟᴀᴛᴇʀ, ɢᴇɴᴇʀᴀʟʟʏ ᴡɪᴛʜ ɪɴᴛᴇʀᴇꜱᴛ.

Answer 2

C. Credit
Here you go mate..