mr. bradford planned a weekend trip to philadelphia with his family. he booked a hotel room near the…

mr. bradford planned a weekend trip to philadelphia with his family. he booked a hotel room near the waterfront that cost $299. when he arrived, he paid using his credit card. will the money be taken out of mr. bradfords bank account right away? yes no

mr. bradford planned a weekend trip to philadelphia with his family. he booked a hotel room near the waterfront that cost $299. when he arrived, he paid using his credit card. will the money be taken out of mr. bradfords bank account right away? yes no

Answer

Brief Explanations:

When using a credit - card, the card issuer pays the merchant first. The cardholder (Mr. Bradford) has a grace period before having to pay the card issuer back. So the money is not taken from his bank account right away.

Answer:

no