"Wise" Use of Credit Cards Includes

question 59

Multiple Choice

"Wise" use of credit cards includes

• A) tracking your purchases.
• B) paying off the entire card balance monthly to avoid interest charges.
• C) using credit if you find something "you just have to have."
• D) Both A and B are correct.

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Definitions:

Vertical Price-Fixing

An illegal practice where parties at different levels of the same supply chain (like manufacturers and retailers) agree to control the prices at which a product must be sold.

Per Se

A Latin phrase meaning "by itself" or "in itself," used to indicate something that is inherently or intrinsically the case.

Tying Agreements

Contracts where the buyer is required to purchase one product in order to buy another product, often considered anti-competitive.

Possible Justification

Potential reasoning or explanation that can support or legitimize a particular action or decision.