Which of the following is not true about annual fees on credit cards?
A) The fees are the same on all credit cards.
B) The fees may be high, amounting to several hundred dollars per year for some prestige cards.
C) Many cards do not have annual fees.
D) Some cards may waive the fees for individuals who pay their credit card bills in a timely manner.
Answer: A
You might also like to view...
Which of the following is a not a decision that management must make before calculating ROI and RI?
A) Should nonproductive assets be included in the average total asset calculation? B) Should gross book value or net book value of assets be used? C) Should a simple average of the beginning and ending total liabilities be used? D) Should a short term focus be used?
A preexisting duty ________ consideration to support a new contract.
A. is sufficient B. in government contracts can be sufficient C. between family members is sufficient D. is not sufficient
________ ask(s) people directly, through interviews or questionnaires, about their perceptions of a product or service.
A. General research B. Industry research C. Statistical research D. Surveys and focus groups
The rate of interest actually paid or earned, is the ________ interest rate
A) effective B) nominal C) discounted D) continuous