Credit Cards Date Back to

question 96

Multiple Choice

Credit cards date back to

• A)prior to the second World War.
• B)just after the second World War.
• C)the early 1950s.
• D)the late 1950s.

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Definitions:

Normal Selling Price

The usual cost at which goods or services are sold to the public, under regular business conditions without any discount or rebate.

Child Support

Financial payments made by a non-custodial parent to a custodial parent, guardian, or state to support the child’s well-being and living expenses.

Taxable Income

Taxable Income is the portion of an individual's or corporation's income used to determine how much tax is owed to the federal, state, or local government.

Tax Liability

The total amount of taxes owed by an individual, corporation, or other entities to the taxing authority.