menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 12
  4. Exam
    Exam 5: Banking Services and Managing Your Money
  5. Question
    A Debit Card Differs from a Credit Card in That
Solved

A Debit Card Differs from a Credit Card in That

Question 19

Question 19

True/False

A debit card differs from a credit card in that it does not provide credit; instead, it deducts the purchase from your chequing account immediately.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: Financial institutions that accept deposits (that are

Q15: Which of the following is a disadvantage

Q16: A bank does not charge a penalty

Q20: How much more interest will be earned

Q22: You have $3000 that you may need

Q23: The type of financing that allows you

Q24: You have $5000 to invest for short-term

Q35: Because they have lower expenses, Web-based financial

Q70: If you have $10 000 that you

Q96: Securities firms primarily sell insurance to protect

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines