All of the Following Are Potential Benefits of Using Credit

question 77

Multiple Choice

All of the following are potential benefits of using credit cards to obtain funds for starting a business EXCEPT ________.

• A)credit card funds are obtained quickly
• B)credit cards have low interest rates on unpaid balances
• C)credit cards may have a zero-percent interest rate
• D)credit cards are convenient to use

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Definitions:

State Legislation

Laws and regulations enacted by the legislative bodies of individual states, often varying significantly from one state to another within a federal system.

Actual Malice

The standard required to prove defamation against public figures, involving knowledge of falsity or reckless disregard for the truth.

Defamation Suit

A legal action brought against an individual or entity for making a false statement that causes harm to someone's reputation.

Constitutional Protections

Safeguards embedded within a constitution that protect the rights and freedoms of individuals and organizations against infringements by the government.