When customers make purchases with a national credit card, the retailer
A)is responsible for maintaining customer accounts.
B)is not involved in the collection process.
C)absorbs any losses from uncollectible accounts.
D)receives cash equal to the full price of the merchandise sold.

Question

Quizplus · Accepted Answer

When customers use a national credit card, the credit card company handles the collection process, not the retailer.

When Customers Make Purchases with a National Credit Card, the Retailer