According to the Sarbanes-Oxley Act, members of the audit committee must be members of the board of directors

Financial institutions issuing MasterCard and Visa credit cards typically charge a high rate of interest on the credit extended

Indicate whether the statement is true or false.

If a credit card has a provision allowing you to make purchases beyond the stated credit limit for a fee, it is referred to as

A) a purchase protection plan. B) over limit protection. C) a grace period. D) a first forgiveness provision.