Which statements are NOT TRUE?
1. Transaction fees might include a fee when you use the card to obtain a cash advance, when you fail to make a payment on time, or when you go over your credit limit.

2. A "variable rate" plan means that the rate you pay will be based upon a political indicator they will explain in the agreement.

3. A credit card is an arrangement for you to "go into credit" in order to get the item that you want.

4. Under the Fair Credit and Charge Card Disclosure Act, you have the right to comparison shop different cards' conditions.

The above statement asserts a false claim as it wrongly states that the 'variable rate is based upon the political indicator as explained in the agreement.' Rather 'variable rate' is decided on the basis of a reference rate which is setas benchmark by the financial factors like LIBOR or Consumer Price Index. The other statements are offering accurate claims regarding transaction fees, credit card, right to comparison under Fair Credit and Charge Card Disclosure Act, and describes them aptly. Therefore, option B is the correct a+-nswer.