In Comparing Credit Cards,which of the Following Is False

question 55

Multiple Choice

In comparing credit cards,which of the following is false?

• A)Some cards are more widely accepted than others
• B)Some cards offer a teaser interest rate
• C)Some charge an annual fee and others do not
• D)Some cards allow you to carry a balance from month-to-month with no interest

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Definitions:

Presidential Cabinet

A body of advisors to the President of the United States, composed of the heads of the executive departments.

Political Divisions

Refers to the differences in political opinions that exist within a society, often leading to varying political parties and ideologies.

Alexander Hamilton

A Founding Father of the United States known for being an influential interpreter and promoter of the U.S. Constitution, as well as the founder of the nation's financial system.

Financial Plan

A comprehensive evaluation of an individual's current and future financial state by using currently known variables to predict future cash flows, asset values, and withdrawal plans.