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What are credit purchases?

credit purchases are goods that you buy on credit and and pay little by little to pay to the person you owen.


Who is a creditor?

The creditor is the person who provided services, goods, or credit.


What Item Allows A Person To Buy Good Based On Their Promise To Pay At A Later Date?

The item that allows a person to buy goods based on their promise to pay at a later date is called credit. Credit can come in various forms, such as credit cards, loans, or lines of credit, where the buyer receives the goods upfront and agrees to repay the lender within a specified timeframe. This system enables consumers to make purchases even if they do not have immediate cash available.


What is a person who sells goods called?

Merchant


A retailer that sells goods and service in conjunction with credit card companies is called?

syndicator


What is credit sales?

Credit sale is a sales transaction by which the buyer is allowed to take immediate possession of the purchased goods and pay for them at a later date.


Who is a person who buy things called?

a oerson that buys goods are called a consumer


What is a person who lends money or the use of goods and services for payment at a later date?

A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.


Is it legal for retailer to store credit card numbers?

No it is not !If a person pays for goods or services by credit card, the Credit Card Company is the only organisation allowed to retain details about the customers card.


Person who buys or uses goods and serves?

IT IS CALLED CONSUMER!


What is a person or business that supplies goods and services called?

dum


What are Trade Creditors?

Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.