Some Credit Cards Provide You with Collision and Comprehensive Insurance

question 67

True/False

Some credit cards provide you with collision and comprehensive insurance benefits if you use that card to pay for car rentals.

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Definitions:

Comparative Advantage

The ability of an individual or group to produce a good or service at a lower opportunity cost than another.

Tractors

Vehicles specially designed to deliver high torque at low speeds, used mainly in the farming industry for agricultural purposes.

Crude Oil

A crude, naturally existing petroleum substance comprising hydrocarbon deposits and miscellaneous organic materials.

Opportunity Cost

The expense incurred from overlooking the next most favorable choice during a decision-making process.