Which of the Following Statements Is Most Correct Regarding a Secured

question 5

Multiple Choice

Which of the following statements is most correct regarding a secured credit card?

• A) It is a valuable form of credit insurance - you are protected against loss if the card is lost or stolen.
• B) It is useful to someone who has bad credit or no credit established yet.
• C) It provides a higher level of user security, using technology to prevent illegal use.
• D) Compared to non-secured credit cards, it always carries a much lower rate of interest.
• E) None of the above are correct.

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Definitions:

Alarm Signal

A warning sign or signal indicating imminent danger or the need to take action to avoid a threat.

Obsessive-compulsive Disorder (OCD)

A mental disorder characterized by recurrent, unwanted thoughts (obsessions) and/or repetitive behaviors (compulsions) that the individual feels driven to perform.

Rituals

Prescribed or established ceremonies that are often performed for religious, cultural, or social purposes, characterized by a series of formal actions.

Major Depression

A mental disorder characterized by persistent sadness, loss of interest in activities, and a range of emotional and physical problems.