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When the Customer Pays with a Credit Card

Question 62

Multiple Choice

When the customer pays with a credit card


A) the retailer receives payment from the credit card issuer promptly, typically within a few days.
B) the retailer treats the transaction like a cash sale.
C) the credit card issuer bears the risk of nonpayment by the customer.
D) the customer compensates the issuer by paying finance charges and other fees.
E) all of the above.

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