A Disadvantage of Using a Credit Card Is That

question 21

Multiple Choice

A disadvantage of using a credit card is that:

• A)it is riskier than carrying cash because losing the card can cause the credit card issuer to file a case against the cardholder.
• B)it makes it difficult for the credit card users to track their expenditures.
• C)it makes it hard for some people to maintain financial discipline.
• D)many retailers do not offer warranty for products purchased with credit cards.

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Definitions:

Cerebral Cortex

The outer layer of the cerebrum, playing a key role in memory, attention, perception, awareness, thought, language, and consciousness.

Retroactive Interference

A phenomenon in which more recently learned information hampers the recall of older information.

Proactive Interference

The phenomenon where older memories interfere with the recall of newer memories.

Anterograde Interference

The process by which the formation of new memories is interfered with or disrupted, often due to the presence of previously learned information.