Which of the Following Is a Condition Included in a Credit

question 140

Multiple Choice

Which of the following is a condition included in a credit card agreement?

• A) A charge is levied just for the privilege of having a credit card.
• B) Transfer of balance from one credit card to another is not charged.
• C) A late fee is not assessed if a payment is not received within the grace period.
• D) An annual fee is charged only if your charges exceed your credit limit.

---

Definitions:

Instant Message

A form of real-time digital communication between two or more people based on typed text.

Résumé

A document presenting a person's background, skills, and accomplishments, used as part of a job application.

Personal Journal

A private record of experiences, thoughts, or reflections kept on a regular basis for personal use.

Structured Summary

A concise and organized overview of content that highlights the main points and key details in a systematic manner.