Banks Are More Selective About Who Gets an Account for Accepting

question 48

Multiple Choice

Banks are more selective about who gets an account for accepting credit cards online because

• A) dot com failures have made banks less willing to work with online companies.
• B) CNP transactions are less secure and riskier.
• C) fees are higher for online processing.
• D) online transactions do not produce much revenue for banks.

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Definitions:

Voters

Individuals eligible to participate in the election process to select public officials.

Representative Democracy

A form of democracy in which citizens elect officials to represent them in making laws and policy decisions on their behalf, rather than voting on legislation directly.

Majority Rule

A decision-making process that follows the preference of more than half of the members in a group.