Practice question
Based on financial safety and consumer protection principles, why is the usage of credit cards often preferred over debit cards?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Credit cards have a longer validity period.
- 2Credit cards allow for cheaper transaction fees.
- 3Credit cards have stronger anti-fraud and liability provisions.✓
- 4Credit cards allow for faster transactions.
Correct answer
Credit cards have stronger anti-fraud and liability provisions.
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