Multiple choice

Why are Credit Cards useful?

  1. Risk of carrying cash is very low

  2. It is helpful in case of contingent purchasing

  3. There is an increase in sales indirectly

  4. All the above

  5. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Credit cards reduce cash-carrying risks (theft, loss), enable contingent purchasing (emergencies, unplanned needs), and increase sales by facilitating easier transactions. All these benefits make credit cards valuable tools for both consumers and businesses.

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