Credit Card Use Can Be Good for Your Financial Plan

question 46

True/False

Credit card use can be good for your financial plan if you have budgeted to pay the entire balance when the statement is due.

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Definitions:

License

A license is a legal permission granted by an authority allowing an individual or entity to do something that would otherwise be illegal or infringing on certain rights.

Patent Agreement

is a legal contract in which the patent holder grants permission to another party to use, manufacture, sell, or distribute the patented invention under defined terms and conditions.

Scuba Diving

The activity of underwater diving where the diver uses a self-contained underwater breathing apparatus (SCUBA) to breathe underwater.

Trademark Infringement

The illicit application of a trademark or service mark with goods and/or services without authorization, in a way that may lead to confusion, deceit, or error regarding the origin of the goods and/or services.