Which of the Following Companies Are Providers of Credit Cards

question 25

Multiple Choice

Which of the following companies are providers of credit cards?

• A) American Express.
• B) MasterCard.
• C) Visa.
• D) All of the above.

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Definitions:

Debtor's Estate

The total assets and liabilities of a debtor that are considered in the event of bankruptcy or for satisfying debts.

Creditors

Individuals or institutions to whom money is owed by debtors.

Unsecured Creditors

Creditors that lend money without taking collateral, meaning they do not have a claim on specific assets of the borrower in case of default.

Secured Creditors

Creditors who have a legal claim to specific assets of a debtor as collateral for the debt owed to them.