Question

which of the following are typically advantages of using a credit card?

□ cant spend more than you have

□ no interest charged

□ ease of online shopping

□ no fees

□ ability to pay over time

□ none of the above

Explanation:

• "Can't spend more than you have" is a feature of debit cards, not credit cards (credit cards allow spending up to a credit limit, which can exceed available funds).
• "No interest charged" is incorrect because interest is charged if the credit card balance is not paid in full by the due date.
• "Ease of online shopping" is a typical advantage of credit cards, as they are widely accepted for online purchases and offer security features.
• "No fees" is incorrect because credit cards often have annual fees, late payment fees, etc.
• "Ability to pay over time" is a key advantage of credit cards, as users can carry a balance (though interest will be charged if not paid in full, but the option to pay over time is available).
• "None of the above" is incorrect since there are valid advantages among the options.

Answer:

C. Ease of online shopping, E. Ability to pay over time