Caitlin wants to buy an airline ticket. but she's uncomforable taking that much cash to the counter at the airport. instead, she uses her credit card. Which advantage of credit is being demonstrated here
A. emergencies
B. building a credit line
C. protection of purchases
D. purchase power
i do not know credit card stuff
Is it C because it does seem that she is protecting her cash
Its "D" if your on connexus
No problem! I can explain the advantages of using a credit card. In this scenario, Caitlin is using her credit card to purchase an airline ticket instead of carrying a large amount of cash to the counter at the airport. The advantage of credit being demonstrated in this situation is "purchase power."
Explanation: Credit cards provide the convenience of a "buy now, pay later" approach, allowing individuals to make purchases without using their own cash immediately. By using a credit card, Caitlin can make the purchase with her credit limit, which is essentially borrowing money from the credit card issuer. This gives her the advantage of having purchasing power even if she doesn't have the required cash on hand. So, the correct answer is D. purchase power.