33
QuizMultiple Choice

N/A — Exam

Question 33 • Personal Finance

Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?

Answer
A
She should pay with a credit card.
B
She should pay with a check.
C
She should pay with a debit card.
D
She should pay by telephone with her debit card.

Explanation

Because she does not know her checking balance, paying by check or debit card could overdraw her account and lead to fees. A credit card lets her make the urgent purchase without immediately drawing from that account; she should pay the charge off as soon as possible to avoid interest. The correct choice is paying with a credit card.

AI-written and checked against the verified answer.

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