The grace period is a period of time before the credit card company starts charging interest. true false

The statement is true. The grace period is a period of time before the credit card company starts charging interest.

Explanation:

The grace period is a period that begins immediately after the deadline for fulfilling an obligation, during which no late fee is charged and no other sanctions are taken that would otherwise have been taken or charged for breach of the deadline. It is therefore a standstill period between the payment of the loan and the maturity of the first installment, during which neither interest nor principal are paid.

As a rule, banks offer credit cards with a grace period at “zero” percent for a short period, supposedly on favorable terms for customers, for example, those who open a deposit with a significant minimum amount. Additionally, banks include clauses on obligatory payments in the loan agreement, which make up a certain percentage of the loan taken, and also charge a percentage for cashing out funds on a credit card. As a rule, the amount of these percentages is more than the interest on the deposit, in order to exclude the placement of the bank’s funds on the client’s deposit.

the right answer is the end of world war ii

after the end of a global wwii all the nations involved, in an attempt to create an organization to maintain world peace. this agreement would work settling international disputes via negotiation and arbitration instead of leading the issues escalate to another war.

both are true, the congress does have the power to create banks, even if this power is not specifically described in the constitution, since there is nothing restricting it and there is power given to the congress to make "all laws which shall be necessary and proper". maryland was not allowed to tax a branch of the national bank operating there, and the supreme court decided that no state could. both of these topics were discussed in a decision of the mcculloch v. maryland case in 1819.