Facilitate business transactions and expensesSelect the correct termCredit limitBank feesCredit unionCredit cards

1. Break Down the Problem

To determine the correct term related to facilitating business transactions and expenses, we need to analyze the meaning of each option provided.

2. Relevant Concepts

• Credit Limit: The maximum amount of credit that a financial institution will extend to a client, which may impact how business expenses are managed.
• Bank Fees: Charges related to various banking services, not directly linked to facilitating transactions.
• Credit Union: A member-owned financial cooperative that offers banking services but is not specifically aimed at facilitating transactions on its own.
• Credit Cards: Financial tools that allow users to borrow funds to pay for goods and services, making them a common method for facilitating business transactions and managing expenses.

3. Analysis and Detail

• Credit Limit: Important but does not facilitate transactions by itself.
• Bank Fees: Relevant for cost management but not a transaction facilitator.
• Credit Union: A financial institution but not primarily a transactional tool.
• Credit Cards: Widely used for business transactions and expenses; they offer convenience and facilitate payments directly.

4. Verify and Summarize

The term that best facilitates business transactions and expenses is "Credit Cards," as they provide a mechanism for credit and enable the direct purchasing of goods and services.

Final Answer

The correct term is Credit Cards.