Which of the Following Is NOT Associated with Credit Cards

question 8

Multiple Choice

Which of the following is NOT associated with credit cards?

• A) A grace period
• B) A finance charge
• C) An annual fee
• D) Convenience users and borrowers
• E) A down payment on a home

---

Definitions:

Negative Outcome Expectancy

The belief or anticipation that actions or events will lead to undesirable results.

Pessimistic Attributions

The tendency to explain the causes of negative events in one's life as internal, stable, and global.

Anchoring Effect

A cognitive bias where an individual relies too heavily on an initial piece of information (the "anchor") when making decisions.

Confirmation Bias

The inclination to seek out, interpret, prefer, and remember data in a manner that affirms one's existing beliefs or hypotheses.