Why are credit cards a popular substitute for cash payments?
A) They provide tax benefits.
B) They exempt users from paying transaction fees to merchants.
C) They allow users to avail interest-free credit.
D) They allow merchants to avail unlimited credit.
E) They are accepted by merchants around the world.
Correct Answer:
Verified
Q54: Which of the following effects is seen
Q55: The _ prohibited commercial banks from being
Q56: There is an increase in economic activity
Q57: A debit card:
A)provides a hard "paper trail."
B)allows
Q58: The Federal Reserve Board is primarily responsible
Q60: Which of the following actions is the
Q61: A money market fund is a special
Q62: Which of the following acts restricted commercial
Q63: If a person invests in a firm
Q64: _,often called "thrifts," are financial institutions that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents