[Solved] Which of the following is not a reason for the popularity of credit cards? A)Convenience. B)It can be used to even out flows of expenditures. C)It is an alternative to holding large cash balances. D)Bank loans are more costly for amounts under a few thousand dollars when fixed costs and transaction costs are included. E)All of the above are reasons for the popularity of credit cards. Punitive Damages: Financial compensation awarded to a plaintiff beyond what is necessary to compensate for losses, intended to punish the defendant for egregious conduct. Defendant: The person or party against whom a civil or criminal lawsuit is filed in a court of law. Communications Decency Act: A U.S. federal law enacted in 1996 aimed at regulating pornography on the internet, but also important for its provisions on liability of internet service providers and others for content posted by third parties. Interactive Computer Services: Platforms or providers that offer or enable computer access by multiple users to a computer server, often used in contexts like internet forums, social media, and other online services.