Sellers allow customers to use credit cards for all of the following reasons except: Multiple Choice To be able to charge more due to fees and interest. To increase total sales volume. To avoid having to evaluate a customer's credit standing for each sale. To speed up receipt of cash from the credit sale. To lessen the risk of extending credit to customers who cannot pay.

Question

Business

Paris Pollard

22 May, 10:36

Sellers allow customers to use credit cards for all of the following reasons except: Multiple Choice To be able to charge more due to fees and interest. To increase total sales volume. To avoid having to evaluate a customer's credit standing for each sale. To speed up receipt of cash from the credit sale. To lessen the risk of extending credit to customers who cannot pay.

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Answers (1)

Know the Answer?

Beau Benton · Answer 1

To be able to charge more due to fees and interest.

Explanation:

I believe this is the answer because the aim of a business is to gain as much profit as possible and to provide quality products. So by allowing customers to use credit cards, you are gaining more money from charging fees and interest.