Sellers allow customers to use credit cards:
A)To avoid having to evaluate a customer's credit standing for each sale.
B)To lessen the risk of extending credit to customers who cannot pay.
C)To speed up receipt of cash from the credit sale.
D)To increase total sales volume.
E)All of the options are reasons for credit card use.

Question

Quizplus · Accepted Answer

All of the options are valid reasons for accepting credit cards. By accepting credit cards, sellers do not have to evaluate a customer's credit standing for each sale, reduce the risk of non-payment, speed up the receipt of cash, and increase total sales volume. Therefore, all of the options listed are valid reasons for accepting credit cards.

Sellers Allow Customers to Use Credit Cards