Wendy Has Purchased Several Furnishing Items from a Home Decor

Multiple Choice

Wendy has purchased several furnishing items from a home decor store. She pays for the entire purchase through her credit card. Wendy has 21 days to pay back the amount to the issuer of the credit card. In the context of credit cards, the number of days Wendy is given to pay back the balance is called the _____.

A) grace period
B) face value period
C) vesting period
D) tie-up period