QuestionAugust 13, 2025

Which of the following must be in a disclosure for a business credit card? Select all that apply,and then select Submit. APR Grace period Late payment fee GAAP method

Which of the following must be in a disclosure for a business credit card? Select all that apply,and then select Submit. APR Grace period Late payment fee GAAP method
Which of the following must be in a disclosure for a business
credit card?
Select all that apply,and then select Submit.
APR
Grace period
Late payment fee
GAAP method

Solution
4.0(128 votes)

Answer

APR, Grace period, Late payment fee Explanation 1. Identify Required Disclosure Elements Business credit card disclosures typically include financial terms such as APR, grace period, and late payment fee. GAAP method is not a standard disclosure requirement for credit cards.

Explanation

1. Identify Required Disclosure Elements<br /> Business credit card disclosures typically include financial terms such as APR, grace period, and late payment fee. GAAP method is not a standard disclosure requirement for credit cards.
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