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:

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, and a withdrawal from reality.

Genetic Component

The aspect of any trait or characteristic that is determined by genes or heredity.

Psychological Disorder

A mental disorder characterized by significant disturbances in thoughts, feelings, or behaviors, impacting daily functioning.

Male Fetuses

Fetuses that are genetically male, typically identified by the presence of XY chromosomes.