Which of the following statements is not true of prepaid cards?
A) Many fees may be associated with them.
B) Some prepaid cards can be used to withdraw cash from ATM's.
C) They can be useful in rebuilding an individual's credit record.
D) They offer less protection against theft than standard credit cards.
Answer: C
Business
You might also like to view...
$1,200 is deposited today into an account paying 6% interest compounded semiannually. How much interest will have been earned after 25 years?
A) $3,950.24 B) $1,312.53 C) $20,904.19 D) $5,260.69 E) $4,060.69
Business
Alcoa headquarters has few individual offices, even for senior executives. The space is essentially made up of cubicles, common areas, and meeting rooms. This informality conveys to employees that Alcoa values ________
A) autocracy B) competitiveness C) rigidity D) equality E) formalization
Business