Which of the Following Is True of Debit Cards

question 56

Multiple Choice

Which of the following is true of debit cards?

• A)They are used to eliminate the use of money.
• B)They provide a grace period between purchase and payment.
• C)They help the account holders get loans from the card-issuing bank.
• D)They require a personal identification number of the card holder.
• E)They allow the cardholder to use any given amount of money in future exchanges.

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