What Is the Major Reason Why Merchants Accept Bitcoin

question 51

Multiple Choice

What is the major reason why merchants accept Bitcoin?

• A)Safer than cash
• B)Safer than credit cards
• C)Lower fees than credit cards
• D)Consumers prefer to pay in cryptocurrency
• E)They want to have off book activities

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Definitions:

Course of Dealing

A sequence of actions or conduct between parties in a business or legal relationship that establishes a common basis for understanding future transactions.

Usage of Trade

Established practices, methods, or customs that are widely accepted and utilized in a particular industry or trade.

Dealer Appliance Outlet

A retailer specializing in the sale of appliances, typically offering products from various manufacturers.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed to be enforceable, including those for the sale of land or goods above a certain value.