Which of the following types of credits would best describe credit cards? a. closed and secured b. closed and unsecured c. open and secured d. open and unsecured

Which of the following types of credits would best describe credit cards?

Credit cards are usually open and unsecured. It is open and unsecured because it is issued for free or on a very little yearly charge. One can get it easily if he has a good bank record and has always paid his dues on time. For such cards one does not have to pay security amount, its just the card charges in a few cases. So, the correct answer is option D - open and unsecured

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step-by-step explanation:

by definition, an arc subtended by a central angle of some given measure has the same measure. so .