How is a line of credit similar to a credit card

Answers

Answer 1

Answer: Line of Credit is somehow the same to a credit card.
Line of credit is a credit given by a certain company to you to use in a particular goods or services. For example in the casino, a company will give you a line of credits to use for casino only. Unlike credit card which can be used anywhere as form of payment.

Related Questions

One hospital CEO insists on including performance data in the hospital’s annual report. "We do very well on most measures, except for one or two, but we put those in anyway," she says. "We want to hold ourselves accountable." Does this practice demonstrate effective or ineffective leadership?
The severity of an electrical shock is dependant upon what three things?
the following information describes a company's usage of direct labor in a recent period. the direct labor efficiency variance is: actual hours used 48,000 actual rate per hour$15.00 standard rate per hour$14.00 standard hours for units produced 50,000 multiple choice$48,000 unfavorable.$28,000 unfavorable.$28,000 favorable.$20,000 unfavorable.$48,000 favorable.
symbolic actions at the project level that contribute to a unique team subculture are called . multiple choice question. team rituals kickoff-meetings shared vision brainstorming sessions
One source that grant writers could turn to for funding is a/an

An ad for Bud Light ran six times during a recently televised football game. When measuring IMC results for this ad, six would be the __________ for this telecast. A. Frequency
B. Reach
C. Gross rating points
D. ROI
E. Click-through rate

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Answer: (A.) Frequency

Explanation:

Banks _____ the money supply because they _____ currency from circulation and place it in their vaults or deposit it at the Federal Reserve.

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Answer:

Explanation:

Banks _control____ the money supply because they __withdraw___ currency from circulation and place it in their vaults or deposit it at the Federal Reserve.

A single point is about 1/32 of one inch in height in excel

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A single point is about 1/32 of one inch in height in excel. The statement that is being presented is FALSE. A single point is not equal to 1/32 of an inch. A single point is a typographical term for a unit of measure. It is roughly equivalent to 1/72 of an inch.

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a

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Answer:

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a Commercial Mortgage Banker License

Explanation:

The exchange of goods and services between countries is called _____.regulations
international trade
tariffs

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The exchange of goods and services between countries is called international trade.
Trade means exchange. Thus, international trade happens when two or more countries agreed to let goods and services from other countries be imported to their countries.

Answer: regulation

Explanation:

3. Describe a real or made up example of word of mouth promotion. Why do you think people were motivated to spread this message to others? (1-5 sentences. 2.0 points)

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Answer:

Word of mouth marketing (WOM marketing) is the best or worst possible propaganda that a business can have. If the client is very happy and satisfied with your product he/she might tell his/her friends about it. But if the client is unhappy and dissatisfied with your product or service, he/she will definitely tell his/her friends about how bad your product is. WOM marketing is like gossip, it can help or it can hurt.

For example, a client goes to a local grocery store and is looking for a specific type of yogurt which isn't available and instead grabs a sugar free yogurt from a new dairy company. When he gets home and eats the yogurt, he discovers that it tastes great and the fact that it is sugar free is a plus. Since he really liked the new yogurt, he told his parents and friends about how good the products of the new dairy company were.

Answer:

A person might go get gas at a local gas station and compare its prices to other local ones. If this station has cheaper gas (or fewer cars/traffic, for example), then the customer will tell his/her friends that it is more efficient to go get gas at that specific station instead of others. The person was motivated by the price of the station, which reduces costs for both them and their friends.

Explanation:

Word of mouth promotion is promoting a good or service personally to acquaintances, so this is also an example of it.

Other Questions

Which employees pay provisional tax, site and paye tax?

Pare, Inc. purchased 10% of Tot Co.'s 100,000 outstanding shares of common stock on January 2, Year 1, for $50,000. On December 31, Year 1, Pare purchased an additional 20,000 shares of Tot for $150,000. There was no goodwill as a result of either acquisition, and Tot had not issued any additional stock during Year 1. Tot reported earnings of $300,000 for Year 1. What amount should Pare report in its December 31, Year 1, Balance Sheet as investment in Tot?A. $170,000B. $200,000C. $230,000D. $290,000

The amount of time allotted for a patient's office appointment is largely dependent on the _______________________.

Mr . venter is always late for work and takes long brakes it that unproffesional or unethical?