Question

Which of the following is true? A Debit cards offer the highest level of fraud protection. B Checks are the most widely accepted form of payment C Checks and Debit Cards both withdraw money directly from a bank account. D Debit Cards often have a higher interest rate than Credit Cards.

Answer 1

The answer is C. You withdraw money from a bank account while using them. 

Answer 2

Answer:

"C"

Explanation:

A check is an instrument that instructs a bank to pay a specified amount of money to the bearer. It is issued by the drawer who is the owner of the account , to the beneficiary who is the Payee and addressed to the bank,

Debit card is used for payment by directly deducting an equivalent amount from the buyers account with a bank.

The similarity between these two is that they both have the bank accounts of holders as the source of fund.