All of the Following Statements About Debit Cards Are True

Multiple Choice

All of the following statements about debit cards are true except:

A) Debit cards eliminate the need for consumers to write a paper check when making a purchase.
B) Debit cards enable consumers to make purchases even if they do not have sufficient funds at the time of purchase.
C) Debit cards do not provide any float.
D) Debit cards do not have the protections provided by Regulation Z to credit cards.