QuestionMay 25, 2025

The FCBA is a major reason that consumers should buy high dollar items with a credit card rather than a debit card. True False

The FCBA is a major reason that consumers should buy high dollar items with a credit card rather than a debit card. True False
The FCBA is a major reason that consumers should buy high dollar items with a credit card rather than a debit card.
True
False

Solution
4.2(281 votes)

Answer

True Explanation The Fair Credit Billing Act (FCBA) provides consumers with protections against unauthorized charges and billing errors when using credit cards, which is not the case for debit cards. This makes credit cards a safer option for high dollar purchases.

Explanation

The Fair Credit Billing Act (FCBA) provides consumers with protections against unauthorized charges and billing errors when using credit cards, which is not the case for debit cards. This makes credit cards a safer option for high dollar purchases.
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