Wendy has purchased several furnishing items from a home decor store. She pays for the entire purchase through her credit card. Wendy has 21 days to pay back the amount to the issuer of the credit card. In the context of credit cards, the number of days Wendy is given to pay back the balance is called the _____.
A. grace period
B. face value period
C. vesting period
D. tie-up period
Answer: A
You might also like to view...
The Sonny Bono Copyright Extension Act: A) does not apply to individual copyright ownership
B) does not apply to corporate copyright ownership. C) does not provide protection for movies. D) extended the time for the federal copyright protection to 70 years beyond the life of the creator/author. E)None of the above
Letters to underwriters should not contain negative assurances.
Answer the following statement true (T) or false (F)
How can the creation of a personal ethical system be of assistance in making decisions?
What will be an ideal response?
Which one of the following is the ticker symbol for the CBOE option contract on the S&P 100 Index?
A. SPX B. DJX C. CME D. OEX