Gertie Wants to Buy a Smartwatch by Making an Electronic

question 43

Multiple Choice

Gertie wants to buy a smartwatch by making an electronic payment.She is not willing to divulge her financial information,and her only bank account is not linked to any online payment service.Which of the following most aligns to what Gertie feels comfortable doing?

• A) She should use a virtual account number to make the payment.
• B) She should use her credit card to make the payment.
• C) She should pay using Venmo.
• D) She should make a wire transfer.

---

Definitions:

Hedge Funds

Investment funds that employ various strategies to earn active return, or alpha, for their investors, often requiring a high minimum investment.

Fiduciary Standard

The fiduciary standard is a legal and ethical requirement for certain financial advisors to act in the best interest of their clients, putting the clients' interests ahead of their own.

Investment Advisors

Professionals who provide financial advice or investment management services to clients, based on their financial situation and goals.

Clients' Interests

The priorities and goals that are in the best financial or professional benefit of a client, often emphasized in advisory roles.