When You Use a Credit Card at a Store,the Store

question 161

Multiple Choice

When you use a credit card at a store,the store is generally charged a fee ranging from 1.5% to 5%.What is this fee called?

• A)Merchant discount fee
• B)Merchant back-end charge
• C)Merchant rate
• D)Discount rate

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Definitions:

Rust

A type of fungal disease that affects plants, causing reddish-brown spots, or the oxidation of iron and its alloys resulting in reddish-brown flaking coatings.

Iron

A chemical element with symbol Fe, important in biological processes and industrial applications.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the principal constituent of Earth's hydrosphere and the fluids of most living organisms.

Van Der Waal Interactions

Weak attractions between molecules or parts of molecules that result from transient local partial charges.