Stored-value cards:
A)look nothing like typical debit cards.
B)have decreased in popularity since the mid
C)work the same as a credit card.
D)can lose their value if a retailer goes bankrupt.
E)are currently being used for very limited purposes.

Question

Quizplus · Accepted Answer

Stored-value cards can lose their value if a retailer goes bankrupt as they don't have any protection under federal regulations. This means that the value stored in the card becomes worthless if the retailer goes out of business.

Stored-Value Cards