Question

Which of the following is true of both paying with a check and paying with a debit card?

A) A personal identification number must be anytime checks or debit cards are used.
B) Both work like a loan from your bank that you can pay back later.
C) When used, both take money directly out of a bank account.
D) Both are accepted by most people and most businesses.

Answer 1

The "C) When used, both take money directly out of a bank account" statement is true of both paying with a check and paying with a debit card. Paying with a check and paying with a debit card have a similar trait to its function. Both of the payment methods are used for the daily transaction and the user has to have enough balance in the bank account in order to execute payments.