Question

what is one of the potential dangers of using a debit card for purchases? (1 point) an overdraft of your checking account paying cash for merchandise you do not have a check stub you cant spend more than 20% of your earnings

Explanation:

• Option "an overdraft of your checking account": A debit card is linked to a checking account. If you spend more than the available balance in the account, an overdraft (spending more than you have) can occur, which is a danger as it may lead to fees or negative balances.
• Option "paying cash for merchandise": Using a debit card is not paying cash, so this is irrelevant.
• Option "you do not have a check stub": Debit card usage doesn't relate to check stubs, so this is not a danger of debit card use.
• Option "you can’t spend more than 20% of your earnings": There's no rule that debit cards restrict spending to 20% of earnings, and this is not a danger of using a debit card.

Answer:

A. an overdraft of your checking account