The following statement about credit is correct except:

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The following statement about credit is correct except:

  1. Credit can help build a positive credit history.
  2. Credit can lead to financial independence.
  3. Credit always comes with interest charges.
  4. Credit is free of any costs. ✓

Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.

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