Which of the following is not correct about cash advances?
A) There is no grace period for cash advances.
B) The interest rate for cash advances is higher than for purchases.
C) A cash advance is like a loan.
D) A transaction fee of 5% may be charged.
Answer: D
You might also like to view...
Which of the following consumer promotion tools refers to explicit or implicit promises by sellers that the product will perform as specified or that the seller will fix it or refund the customer's money during a specified period?
A) product warranties B) coupons C) free trials D) rebates E) patronage awards
Promotion is considered an uncontrollable environmental factor
Indicate whether the statement is true or false
The two-way flow of communication between a salesperson and a customer that is paid for by the firm and seeks to influence the customer's purchase decision is referred to as
A. public relations. B. sales promotion. C. publicity. D. advertising. E. personal selling.
________ are described as foreign nationals transferred to work at the parent company.
A. Host-country nationals B. Freelancers C. Home-country nationals D. Inpatriates E. Parent-country nationals