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Restaurants,clothing Retailers,barbers,and Beauticians Face Relatively Low Risks of Loss from Nonpayment

Question 24

Multiple Choice

Restaurants,clothing retailers,barbers,and beauticians face relatively low risks of loss from nonpayment because


A) most customers prefer making upfront payments for such products and services.
B) few people have credit cards that have charge limits big enough to buy such things.
C) giving credit to customers increases sales.
D) the amount that any one customer charges is unlikely to be big enough to threaten the business if it is not paid.

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