Final answer:
The correct answer to the question about payment methods that terminate sellers' interest is 'Credit, Options, Letters of Credit, Drafts'. Both credit and debit card transactions transfer funds to the seller immediately, eliminating the seller's interest upon completion.
Step-by-step explanation:
The question asks about the methods of payment that terminate sellers' interest in goods — meaning once these payment methods are used, the seller no longer has a claim to the goods. Among the options provided, the correct answer is 'D) Credit, Options, Letters of Credit, Drafts'. These are all methods that clear the seller's interest in the goods once they are executed.
A credit card is a form of payment where the credit card company immediately transfers money to the seller at the point of sale, with the user owing the money back to the credit card company on a short-term loan basis, typically settled monthly. On the other hand, a debit card is like a check and instructs the user's bank to transfer money directly and immediately from the user's bank account to the seller, also immediately terminating the seller's interest upon completion of the transaction.