To Avoid the Financial Problems Associated with Excessive Credit Card

question 8

Multiple Choice

To avoid the financial problems associated with excessive credit card debt,you should:

• A)Pay your credit card balance in full each month
• B)Use your credit card to pay for small purchases
• C)Take advantage of the cash advance feature
• D)Use a large number of credit cards
• E)Avoid getting help if you think you are in trouble

---

Definitions:

Misrepresentation Remedies

Legal solutions available to someone who has suffered loss due to false statements, including rescission of contract or damages.

Modern Business

Contemporary commercial activities characterized by innovations, digital processes, and new operational models.

Assignment

The transfer of rights or property from one party to another, often used in reference to contracts or leases.

Doctrine of Privity

A legal principle stating that only the parties to a contract can sue or be sued on the contract's terms.