Jessica always thought the grace-period feature of her credit card was a wonderful idea because her charges were interest-free during the grace period. After taking Dr. Art Keown's personal finance course, she learned this startling truth about grace periods.
a) Grace periods are actually beneficial to the credit card company
b) There are higher fees associated with grace periods
c) Most banks eliminate their grace period on new purchases if you don't pay your balance in full
d) All credit cards carry a grace period

C. most banks eliminate their grace period on new purchases if you don't pay your balance in full

Explanation:

Jessica always thought the grace-period feature of her credit card was a wonderful idea because her charges were interest-free during the grace period. After taking Dr. Art Keown's personal finance course, she learned this startling truth about grace periods. Most banks eliminate their grace period on new purchases if you don't pay your balance in full

answervulnerability assessment;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.