How Does Consumer Use (Transactions)compare Between Credit and Debit Cards

question 173

Multiple Choice

How does consumer use (transactions) compare between credit and debit cards?

• A)Credit cards are used for substantially more transactions than debit cards.
• B)Debit cards are used for substantially more transactions than credit cards.
• C)Credit cards are used for slightly more transactions than debit cards.
• D)Both cards are used for about the same number of transactions.

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Definitions:

Code

A systematic collection, compendium, or revision of laws, rules, or regulations.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that provides a uniform international sales law.

Fix An Additional Period

Fixing an additional period involves granting an extension of time for the performance of an obligation or completion of a task.

Insolvent

Insolvent is a financial term used to describe a situation where an individual or entity is unable to meet their debt obligations due to insufficient assets.