Question

Charge cards _____.
(1 point)
Responses

have the same amount due each month
have the same amount due each month

must have their balances paid in full each month
must have their balances paid in full each month

are another name for a credit card
are another name for a credit card

can be used in more places than credit cards
can be used in more places than credit cards

Answer 1

must have their balances paid in full each month

Explanation: Charge cards require the cardholder to pay the full balance each billing cycle (no revolving credit), unlike typical credit cards that allow carrying a balance.