Credit card borrowings
A)are usually done on a short-term basis
B)are secured by the cardholders' assets
C)have a credit limit
D)all of the above
E)both a and c

Question

Quizplus · Accepted Answer

Credit card borrowings are usually done on a short-term basis and have a credit limit. They are not secured by the cardholders' assets. Therefore, option A and C are correct, while option B is incorrect. Therefore, the best choice is E, which includes options A and C.

Credit Card Borrowings