Which of the Following Is Not True Regarding Cash Advances

question 50

Multiple Choice

Which of the following is not true regarding cash advances on credit cards?

• A) They are treated just like other charges on your credit card.
• B) There is a charge for interest from the time you take the advance to the time you pay it off.
• C) There is also a transaction fee on most cash advances.
• D) The grace period does not apply to cash advances.

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Definitions:

Strike Capability

The ability of workers or a labor union to carry out a strike effectively in pursuit of their demands.

Interest Arbitration

A dispute resolution method where an impartial arbitrator makes binding decisions on labor-management disputes, especially during collective bargaining.

Plant Closings

The process of shutting down manufacturing facilities or plants, often leading to job losses and economic impacts on communities.

Surface Bargaining

A term used in labor relations to describe negotiations between a union and employer that are not intended to reach a meaningful agreement.