Which of the Following Statements Regarding Methods of Payment Is

question 24

Multiple Choice

Which of the following statements regarding methods of payment is TRUE?

• A)PayPal is known as a 3PPS.
• B)PayPal is easy to use, but it is dangerous because it requires you to disclose personal banking details to a vendor each time you purchase online.
• C)As its developers intended, the PayPal system operates on exactly the same principles and rules as traditional cheques.That explains why it is so popular with consumers.
• D)In order to use PayPal with a particular online vendor, you must first provide that vendor with a void cheque from your bank.
• E)PayPal operates like a credit card, except that the Government of Canada guarantees that you will be repaid if the online vendor fails to deliver as promised.

---

Definitions:

Recycling Cost

Expenses associated with the collection, sorting, processing, and reuse of materials to prevent waste.

Consumer Electronics

Consumer electronics are electronic devices designed for everyday use, typically in private homes, such as smartphones, tablets, and televisions.

Recycling

The process of converting waste materials into new products to prevent waste of potentially useful materials, reduce consumption of raw materials, and lower energy usage and air and water pollution.

Remanufacturing

The process of refurbishing used products or components to a like-new condition, offering a sustainable alternative to new production.