Why is a smart card less vulnerable to theft than is currency?
A) Because a smart card cannot be used without online authorization from the cardholder's bank
B) Because a smart card cannot be used without a personal code
C) Because a smart card cannot be used without a photo ID of the card holder
D) Because a smart card cannot be used without a fingerprint of the card holder
Correct Answer:
Verified
Q53: When you cash a check,
A) you increase
Q54: When you withdraw cash from a savings
Q55: When you deposit traveler's checks into a
Q56: Money is
A) anything that serves as a
Q57: When you write a check to deposit
Q59: Digital cash
A) offers no advantages over paper
Q60: Digital cash
A) consists of M1 and M2
B)
Q61: Smart cards and digital cash
A) cannot serve
Q62: Which of the following is FALSE?
A) The
Q63: Which of the following is FALSE?
A) Banks
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