Question

Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

a) seller does not have to decide who gets credit 2
b) seller accepts the risk for extending credit to customers 2
c) seller receives cash sooner than if credit is granted directly to the customers 2
d) may allow seller to increase sales volume 2
e) seller determines which customers receive credit and how much

Answer 1

The correct answer is the option D: may allow sellers to increase sales volume.

Step-by-step explanation:

To begin with, the fact that sellers allow customers to use credit cards is because mainly it increases the ways that the clients can pay for the products and if those methods increase then the sales' volume will increase as well due to the fact that there is a direct relationship between the payment methods that the consumers have and the sales' volumen of the company. That is the major reason why a seller may allow the consumers to pay with credit card and to accept the risk of doing it.