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Answer:

Credit sales are typically of shorter duration and installment sales spread payments out over longer periods of time

Explanation:

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Answer:

Explanation: An installment agreement requires the buyer of real estate to pay the seller the purchase price in installments over time; the buyer takes immediate possession of the property but the seller retains legal title as security until the buyer pays in full. An installment agreement can be a low-cost, flexible alternative to a traditional mortgage loan.