Which of the Following Is Not Correct About Cash Advances

question 31

Multiple Choice

Which of the following is not correct about cash advances?

• A)There is no grace period for cash advances.
• B)The interest rate for cash advances is higher than for purchases.
• C)A cash advance is like a loan.
• D)A transaction fee of 5 percent may be charged.

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Definitions:

Dopamine

A neurotransmitter involved in many functions, including the reward system, motivation, pleasure, and motor control.

Somatic Nervous System

A section of the peripheral nervous system that manages the conscious control of bodily movements through the use of skeletal muscles.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, extending from the brain, serving as the main pathway for information connecting the brain and peripheral nervous system.

Autonomic Nervous System

The part of the nervous system that controls involuntary functions such as heartbeat, digestion, and breathing.