Research Indicates That the Presence of Credit Card Stimuli Is

question 12

Multiple Choice

Research indicates that the presence of credit card stimuli is associated with ____. ​

• A)having a marked preference for lower prices
• B)making quicker decisions to spend ​
• C)delaying decisions to purchase an item
• D)having a negative view of credit card use

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Definitions:

Merchandise Return

Goods returned by the buyer to the seller after purchase due to defects, dissatisfaction, or other reasons, often resulting in a reversal or adjustment of the initial sale transaction.

Sales Tax

A government-imposed tax on sales of goods and services, paid by the purchaser and collected by the seller.

Credit Customer

A customer who purchases goods or services on credit, paying at a later date rather than at the time of sale.

Payment Terms

The conditions under which a seller will complete a sale. Typically, these terms specify the period allowed to a buyer to pay off the amount due and may include cash discounts for timely payment.