Multiple Choice
A debit card differs from a credit card in that
A) a debit card is a loan while for a credit card purchase,payment is made immediately.
B) a debit card is a long-term loan while a credit card is a short-term loan.
C) a credit card is a loan while for a debit card purchase,payment is made immediately.
D) a credit card is a long-term loan while a debit card is a short-term loan.
Correct Answer:
Verified
Correct Answer:
Verified
Q89: U)S. banks have most of their branches
Q90: Sweep accounts which were created to avoid
Q91: Which regulatory body charters national banks?<br>A)the Federal
Q92: An essential characteristic of credit unions is
Q93: The agreement to provide a standardized commodity
Q95: _ of a foreign bank operates in
Q96: Credit cards date back to<br>A)prior to the
Q97: The development of money market mutual funds
Q98: Thrift institutions include<br>A)commercial banks.<br>B)brokerage firms.<br>C)insurance companies.<br>D)mutual savings
Q99: The most important source of the changes