Question

Mr. Lloyd wants to buy a new television, but he does not have enough money in his bank account to pay for one. Which of these is NOT an option for Mr. Lloyd?

Answer 1

Options :

A.) He can save money and pay cash for the television at a later date

B.)He can save money and use his debit card to buy the television at a later date.

C.)He can use his debit card to buy the television now.

D.)He can use his credit card to buy the television now.

Answer: C.) He can use his debit card to buy the television now

Step-by-step explanation:

The only option which is not available for Mr. Lloyd is to use his debit card to purchase the television now. The debit card can only be Used to make purchases when the account holder has funds or money in his or her account. And according to the context above, Mr. Lloyd does not have enough money to cater to the purchase in his account at the time and therefore cannot purchase with his debit card.

Mr. Lloyd may save up cash to buy at a later date or save money in his account and pay with his debit card at a later date. Payment can also be made with his credit card if his credit limit will able to carer for the price if the television.