When a Customer Purchases an Item with a Debit Card

question 68

Multiple Choice

When a customer purchases an item with a debit card:

• A)they actually are taking out a short-term loan with 30 days to pay before any interest is charged.
• B)the payment flows first through an electronic clearinghouse which then sends the customer a bill.
• C)the transaction duplicates the process of a credit card.
• D)the funds are automatically transferred from the customer's account to the store's account.

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