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Which of the following is not a disadvantage of using credit instead of cash? a. Credit cards increase the likelihood of impulse buying. b. Credit cards can be used to increase your credit score. c. Credit cards generally come with interest and other fees that cash does not. d. Credit cards require a good credit rating and responsible credit maintenance. Please select the best answer from the choices provided A B C D

Respuesta :

Answer:

Option (d) is correct.

Explanation:

Nowadays, almost all the people are using either cash or credit card for making transactions. These transactions includes buying and selling of goods and services.

Credit card has some of the limitations or disadvantages associated with its use. A person have to pay certain charges for using credit card facilities, but cash doesn't include such charges.

But option (d) indicates an advantage of using credit card not a disadvantage because if a person wants to have a credit card then he must have a clear financial background (means not included in any kind of fraudulent activity) and good credit score.

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Answer:

B: Credit cards can be used to increase your credit score. (EDGE)

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