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Firms Maintain Their Own Credit Cards

Question 50

Multiple Choice

Firms maintain their own credit cards:


A) To earn interest on any balances not paid within a specified period.
B) To avoid the fees charged by credit card companies such as VISA.
C) In order to speed up receipt of cash from the sale.
D) To grant credit to approved customers.
E) All of these answers are correct.

Correct Answer:

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