Which of the Following Statements Is True of the PayPal

question 49

Multiple Choice

Which of the following statements is true of the PayPal service Venmo?

• A) A Venmo account is required to receive payments from friends or family.
• B) The email address of a recipient cannot be used to send payments through a Venmo account.
• C) A usability fee is charged when one uses his or her bank account or debit card with Venmo.
• D) Individuals are charged a standard 3% fee when they use their credit card with Venmo.

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Definitions:

Market Average

A statistical measure that represents the overall movement of a specific set of stocks, indicating the general health of the stock market.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method or decision.

Welfare Fraud

The act of illegally using or obtaining government assistance benefits by knowingly providing false information or withholding information.

Welfare Abuse

The misuse or fraudulent use of government assistance programs designed to help those in need.