Question

question 4 of 8
which of the following is accurate about the benefits and risks of using credit cards to make purchases?
select a response.

• credit cards come with fraud protection, but credit card numbers can be copied by identity thieves.
• while credit cards are accepted almost everywhere, they put you at higher risk of being overcharged at the cash register.
• credit cards allow you to pay for items later, but may cause you to miss out on better deals.
• credit cards allow you to spend as much as you want, but are not accepted for most transactions.

Explanation:

• Analyze Option 1: Credit cards do offer fraud protection (benefit), and identity thieves can copy card numbers (risk) – this matches real - world credit card usage.
• Analyze Option 2: There's no evidence that credit cards increase the risk of being overcharged at cash registers.
• Analyze Option 3: Paying later is a benefit, but there's no logical link between using a credit card and missing out on better deals.
• Analyze Option 4: Credit cards have credit limits (you can't spend as much as you want), and they are widely accepted for transactions.

Answer:

A. Credit cards come with fraud protection, but credit card numbers can be copied by identity thieves.