Payments Made with a Credit Card and Payments Made with a Debit

question 8

Multiple Choice

Payments made with a credit card and payments made with a debit or ATM card are subject to:

• A)both the federal law and the state law.
• B)only federal laws.
• C)only state laws.
• D)only local laws.

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Definitions:

Federal Government

The national government of a federated state, which holds the central political authority in a federal system.

Positive Statement

An objective statement based on factual information that can be tested or verified rather than based on opinions or norms.

Inner-City Youth

Refers to young people living in the densely populated, central areas of large cities, often highlighting demographic, economic, or social distinctions.

Fallacy of Composition

The incorrect belief that what is true for the individual, or part, must necessarily be true for the group, or the whole.