Question 4 (5 points)

Which of the following should be considered last when searching for financing?

A. Family members
B. Banks
C. Commercial finance companies
D. Credit cards



Answer :

Final answer:

Credit cards should be the last option when searching for financing, giving priority to family members, banks, and commercial finance companies.


Explanation:

Credit cards should be considered last when searching for financing. While convenient, they often come with higher interest rates compared to other financing options like family members, banks, and commercial finance companies. It is crucial to exhaust other sources of financing before resorting to credit cards to avoid accumulating high interest debt.


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