Research has determined that undergraduate college students tend to behave in similar manners with regards to their credit card usage. As noted in Chapter 6, which of the following behaviors are indicative of undergraduate students' credit card behaviors?

A) Their parents do not frequently pay their credit card balances for them.
B) They make more than their minimum payment each month but still tend to carry a balance on their cards.
C) They pay off all of their cards in full each month.
D) They make more than the required minimum payment on 90% of all other cards each month.


Answer: B

Business

You might also like to view...

The public relations department of a large multinational corporation has issued a press release regarding the recently announced acquisition of a small competitor. The press release highlights the multinational's record of high rates of employee retention following acquisitions over the past decade. The multinational is worried about law suits by laid off workers. This is an example of:

A) Media spin B) Censorship C) Resistance D) Libel chill E) Capitulation

Business

What is the purpose of a data library?

Business

What term do the authors use to describe the ability some people have to identify opportunities?

a. perception b. alertness c. intuition d. instinct

Business

Charlene Brown has possession of a check made out to the order of Charlene Brown (herself) which she received in payment for writing a manuscript for her publisher. Charlene is a holder in due course and the publisher cannot claim any "real" defenses to payment. Charlene has an unconditional right to be paid for the check

Indicate whether the statement is true or false

Business