Reasons for a Chargeback May Include All of the Following,except

question 37

Multiple Choice

Reasons for a chargeback may include all of the following,except:

• A) vendor mistakes such as shoddy labelling
• B) fees paid by a vendor for space in a retail store
• C) merchandise isn't selling
• D) wrong-size boxes or hangers
• E) late shipments

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Definitions:

Reserve Ratio

The fraction of deposits that a bank is required to hold in reserve and not loan out, as mandated by central banking authorities.

Percent

A term used to describe one hundredth of a whole; a way to express fractions, amounts, or changes in quantities in terms of hundredths.

Reserve Requirement

A regulation that sets the minimum amount of reserves a bank must hold against deposits, used as a tool to control banking stability and money supply.

Deposits

Money placed into a financial institution for safekeeping, which can earn interest over time.