Question

Will is planning on purchasing a new baseball bat online, as he cannot find it in any of the stores in Georgia. He sees the bat on Amazon for $379, but found it on Shady Jake's Baseball Emporium for $333 plus free shipping. After checking reviews for Shady Jake's, he has some concerns about the reputation of the company. However, he wants to save his dad a few bucks so he uses his dad's debit card to purchase the bat. Did he make the best choice?

               

Yes. Will saved his dad $46 plus shipping.

                               

Yes. He did the research and found a good place to purchase the bat.

                               

No. He should have paid more to purchase the bat at a reputable store.

                               

No. He should have used his dad's credit card to minimize the risk of purchasing from a potentially shady operation.

All of the following statements concerning the Social Security system are correct EXCEPT:

                               

The Social Security retirement benefit is payable at normal retirement age with reduced benefits available as early as age 59, to anyone who has obtained at least a minimum amount of Social Security benefits.

                               

Disability benefit recipients must have a severe physical or mental impairment that is expected to either prevent them from performing "substantial" work for at least a year, or result in death.

                               

The family benefit is provided to certain family members of workers eligible for retirement or disability benefits.

                               

Survivors benefits apply to those family members listed for family benefits, and may also include the worker's parents if the worker was their primary means of support.

Answer 1

No, Will should have used his dad's credit card to minimize the risk of purchasing from a potentially shady operation because when purchase is done by credit card there is a line of credit which one gets and also there is some grace period of around 30-50 days to make payment for the purchase and this time enough for one to check and report any fraud committed by any wrong company whereas in case of transaction done through debit card then payment is deducted immediately from the bank account of the account holder and if any fraud is committed then it is very time consuming to take refund for any fraudulent transaction.

The Social Security retirement benefit is payable at normal retirement age with reduced benefits available as early as age 59, to anyone who has obtained at least a minimum amount of Social Security benefits.

Above first option is wrong since normal retirement age is 62 with reduced benefits to start.