When a Retailer Reduces Your Credit Limit Because of an Anticipated

question 138

Multiple Choice

When a retailer reduces your credit limit because of an anticipated charge,this is known as

• A)credit blocking.
• B)a chargeback.
• C)a refund credit.
• D)a graduated payment.

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Definitions:

Relationship

How two or more notions, entities, or persons are associated, or the status of association.

Populations

The whole set of individuals or objects of interest in a particular study or statistical analysis.

Categories

Distinct groups or classes into which data or objects are organized.

Nominal Data

Data classified into categories that cannot be ordered in a meaningful way, used in qualitative analysis.