Fawad here we are not talking about bank loan so in my view point its credit
Credit is the instrument which enables manufactures producers retailers and obtain goods at a time when they can be used or sold even if ready cash is not available.
check it plz On Sat, Jun 4, 2011 at 2:51 AM, Abbas Ghulam <abbas.hini@gmail.com> wrote:
The correct option is CREDIT
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On 6/4/11, mc100402061 Muhammad Ayub Khan <mc100402061@vu.edu.pk> wrote:
> On Sat, Jun 4, 2011 at 1:22 PM, Samia Butt <emo.girl2259@gmail.com> wrote:
>
>>
>>
>> ---------- Forwarded message ----------
>> From: Samia Butt <emo.girl2259@gmail.com>
>> Date: Fri, Jun 3, 2011 at 11:37 PM
>> Subject: Ans required
>> To: vuaskari_com@googlegroups.com
>>
>>
>>
>> A Promise of future payment in cash or kind given in exchange for goods or
>> service is called
>> a. Loan
>> b. Debt
>> *c. Credit*
>> d. Ready money
>>
>> *correct ans Required with Ref*
>>
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