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One Disadvantage of Having Credit Cards for Personal Use Is

Question 62

Multiple Choice

One disadvantage of having credit cards for personal use is that


A) they offer no protection if they are stolen.
B) they are less convenient than other forms of credit.
C) many companies have a policy that prevents employees from having both personal credit cards and credit cards for business use.
D) they can make it easy to pile up a large amount of debt quickly.

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