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Cathy Wants to Buy a New Watch Online

question 2

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Cathy wants to buy a new watch online.Though she's heard of instances of online fraud,she is tempted to make the purchase because the watch she wants is not available in the stores in her town.Which of the following increases her chance of the payment NOT being secure?


Definitions:

Interest Rates

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Swiss Franc

The official currency of Switzerland and Liechtenstein, known for its stability and as a safe-haven currency.

Depreciate

A decrease in the value of an asset over time, often due to wear and tear or obsolescence.

Dollar-Pound Exchange Rate

The rate at which the currency of the United States can be exchanged for the currency of the United Kingdom.

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