Question

simon used a credit card to buy a skateboard. which statement is true about his method of payment?

• simon paid cash at the store.
• simon used money directly from his bank account.
• simon will receive the bill later.
• simon made the purchase with money he saved.

Explanation:

• When using a credit card, the cardholder does not pay cash at the store immediately (so the first option is false).
• Using money directly from a bank account is characteristic of a debit card, not a credit card (so the second option is false).
• Credit card usage involves the card issuer paying the merchant on behalf of the cardholder, and the cardholder receives a bill later to pay for the purchases (so the third option is true).
• Using money saved would be like using cash or a debit card from a savings account, not a credit card (so the fourth option is false).

Answer:

C. Simon will receive the bill later.